An announcement to the ASX 21/12/16 informed us of FNT's strategic plan to offer its portfolio of projects to the Majors for due consideration for joint ventures.
As the gold price continues to strengthen, together with FNT's proven history of successfully negotiating with Newcrest, owning its own drilling rigs and maintaining an ongoing specialist knowledge of the PNG landscape one starts to get the idea that FNT holds real viable business opportunities for any number of astute mining houses to take advantage.
I have kept an eye on how FNT is managing shareholder expectation through timely releases to the ASX and the use of twitter. Definitely on the right track IMO.
Current MC= $2.88M
Go you good thing!
FNT Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held