LNR 0.00% 0.3¢ lanthanein resources ltd

FNT wont be able to raise much cash in this market environment...

  1. 2,803 Posts.
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    FNT wont be able to raise much cash in this market environment and no-one belives exploration results (especially trenching!!!) anymore due to the utter BS that has come out of speccies over the last few years.
    IMHO some placer deposits that could be immediately grav processed would be a better bet than targeting big complex deposits atm.
    FNT just need to hold on until the bulk of the lifestyle companies go under, then things should be much better.

    Real pity about Torque, that would have been a major game changer IMHO.
    Now if Bob wants to raise some cash to fund legal action against BCD I reckon people would be interested.
    It shouldn't cost too much to get a supoena for the accounting side of things.
    If the mining cost was almost double then they must have used more staff/equipment/power, all of which should be provable via accounting records.
 
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