There is not lack of interest in FNT its just that at the moment...

There is not lack of interest in FNT its just that at the moment the buyers are more patient than the sellers. Lets not forget that close to 10 million shares have been traded in the 13 - 15c range over the last few weeks.... It would be stupid for anyone wanting to buy a large parcel to spook the market by putting the whole order on at once but after watching the orders be constantly refreshed in this price range it seems likely that their is serious demand for FNT shares right now.

What we need to see for a price jump is more competition between buyers. I believe that once holes 3-5 are released and people begin speculating on resource sizes that we will see some buying pressure begin. Add to that the results from our JVs with OK Tedi and even the mapping in Tassie and we are on our way to a very nice christmas and a fantastic 2012. What people need to realise is that in the short-term the share price is unlikely to experience much upwards pressure until we have done more work to proving the resource systems at our sites.

If you are a long-term holder then the results from the last few weeks have been very promising and exactly what was hoped for. This company is working very hard to build its long-term value and to prove vast resource system that by their very nature take a long time to prove.