boy1 - you say - "Take a look at Ampella (AMX). I believe they have an exploration target in excess of 2 million tones at a decent grade."
Facts are that AMX publish a total resource (at a 0.5g/t cutoff) of 42 million tonnes @ 1.6g/t making for 2.2 million oz's gold.
So if AMX did have a have an exploration target in excess of 2 million tones at a decent grade - it would be less than 5% of their existing resource. I would expect AMX's sights are higher than that.
I like AMX and am a holder - but I am not sure what exact relevance it has for weighing up FNT.
ok tedi gears up for frontier jv projects, page-17
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