re: honey i shrunk the kids

Here's the crux of the problem:

Do you believe that the capital costs, mining costs and metal recoveries used in the desktop study are valid?

Were these operating costs and recovery factors competently estimated from mines operating on similar low grade deposits?

Could you really establish a new mine in PNG for those capital costs?

Are there any mines currently operating at the same low grades AND at the same depths that FNT are proposing as applicable to Kodu over the full depth of the inferred resource?

What's FNT worth if the estimates in the desktop study are total cr*p?

These are the questions you might like to ask FNT before you punt your cash on them.

These are the questions the ASX should have asked if they had an effective compliance team at work.

R/happy