drifting lower on lack of news, page-3

I suspect there won't be much news to post in near future. The DFS is the next biggie (and should turn a few heads imo) then a very long wait through permitting and construction milestones.

This would be a great stock to tuck away in a super fund and retire on, only I am slightly concerned that management may choose to blow the cash flow on new greenfield projects rather than return it to holders. Unfortunately that seems to be the way mining companies operate. I guess they feel they have to do something to justify their salaries, but actually think they would get a lot of interest from instos if they broke the mould and offered a healthy income stream.

If any one is interested in something a bit more speculative and a wilder ride, FNT is currently doing some preliminary exploration about 60km from Frieda (I hold a few).