We should have 10 drill rigs ( 6 at Andewa, including the 4 new ones) operating across 3 tenements ( 2 each at Bulago and Likuruanga with OTML JV) in PNG within the next few weeks, plus ongoing drilling in Tasmania. So i would expect to see fairly regular drill assay results being released after christmas even with the wet season slow down.
Not sure were the share price of FNT will be in a few months time , but if we do see consistently good Copper grades over depth at Likuaranga and some massive Gold grades at Bulago in the initial drilling there and good gold grades at depth in the deeper drilling at Andewa over a wide zone then we should easily push back up over that elusive 20c mark....
Patience is the key here!
FNT Price at posting:
13.6¢ Sentiment: LT Buy Disclosure: Held
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