LNR - Lanthanein Resources

flyboy77 · 6 June 2007

Do you own research, I think.

The presentation on the web site is truly an excellent portrayal of this company's potential.

Remember, Elo (located in the same EL but 18km north of Kodu and miles from THAT trail) has the potential to dwarf Kodu.

If Kodu has 200mt potential +, what potential is there at Elo. I recall seeing a MiningNews.net article in ealy May stating a 'potential' (based on soil sample assays) of 500mt.

It's early days but results from Elo (has drilling started there yet?) could be every bit as exciting as what we are hoping for from the remaining Kodu holes in the next week or so......

Does anyone know how long after the individual holes are released will the Company release a revised JORC resource for Kodu?

YOUNG_TRADER · 6 June 2007

Re Kodu/ELO

Another thing to remember is that they are very close together 20kms,

So if Elo is able to firm up say 500Mt@0.8% Cu Equiv (they say 0.8%-1% Cu Equiv based on soil samples) then a whole mining operation can be set up at Elo, then

Kodu ore will act as feeder = no issues re Kokoda because the milling will be 20kms away, the Kodu Ore which is close to Kokoda track will simply be dug up and trucked 20kms to Elo site

Sound lie a plan?

Also I would think 500Mt is the hurdle required to get a large scale project going and Kodu and Elo have the potential to deliver this.

Food for thought

mick2006 · 6 June 2007

for those with an interest in FNT and have any doubt to the potential future value of the comapny.

I would like to draw your attention to page 10 of the state one stockbrokers research paper. They have assigned a value to explorers using a valuation matrix comparing them to producers. So they have assigned a potential value for FNT were they to bring Kodu to a finalized feasibility study, based on current resources so not including the impending resource upgrade or any other exploration projects held by FNT.

This is a quote from the report "this approach reveals an important handle on where these explorers could move in terms of share prices and market capitalization once they finalize any feasibility studies. For instance Frontier and Golden Cross have 9 times share price upside to an end-BFS stage"

So have come up with a potential 9 times upside were Kodu as it stands now reached BFS stage.

And this doesn't account for any resource upgrades or any other projects.

Taking current shareprice of 13c that would make the targert price $1.17 shows how big FNT could become!!!

As a disclosure these views are taken from State One Stockbrockers and are not my views or research.

Fool · 6 June 2007

mick2006 said:
for those with an interest in FNT and have any doubt to the potential future value of the comapny.

I would like to draw your attention to page 10 of the state one stockbrokers research paper. They have assigned a value to explorers using a valuation matrix comparing them to producers. So they have assigned a potential value for FNT were they to bring Kodu to a finalized feasibility study, based on current resources so not including the impending resource upgrade or any other exploration projects held by FNT.

This is a quote from the report "this approach reveals an important handle on where these explorers could move in terms of share prices and market capitalization once they finalize any feasibility studies. For instance Frontier and Golden Cross have 9 times share price upside to an end-BFS stage"

So have come up with a potential 9 times upside were Kodu as it stands now reached BFS stage.

And this doesn't account for any resource upgrades or any other projects.

Taking current shareprice of 13c that would make the targert price $1.17 shows how big FNT could become!!!

As a disclosure these views are taken from State One Stockbrockers and are not my views or research.

Just to clarify, is that price target once the mine is producing ?

Do you have a copy of that report that you could send me ?

mick2006 · 6 June 2007

no that is the price target if they complete a Bank feasability study on the Kodu deposit showing that it is a viable operation. So they are saying that is how much the project is worth to FNT without ever digging anything up. Also those figures are based on the current size of the Kodu deposit not including any further exploration upside.

Just visit the FNT website and look for the research paper you can find the link on the bottom right hand side of the website. Also there is the latest powerpoint presentation for May well worth the read, shows some of the historical drilling of their tennements there are some quite spectacular hits!!

mick2006 · 6 June 2007

interesting to note that the large price capping order at 13.5c was just removed from the sell side, could it be that they have now had their fill and will let the stock trade where it wants to go.

I had a feeling that there might have been a bit of capping going on, but I thought they would leave the order in play all the way up to the release of the next drilling results.

Anyway its good to see the largest order on the sell side dissapear, will help things when the announcements start to come in.

flyboy77 · 6 June 2007

Quite scary to see how lazy some punters are. Why rely on a person in cyber space whom you have never met (no disrespect to fellow posters/investors)?

But seriously everyone, do your own research, DD, whatever you choose to call it. Recognise that stocks such as FNT have HUGE risks but also (potentially) HUGE returns.

Don't 'bet' more than you can afford to lose. Understand the basic economics of (in this instance) large tonnage Cu, Au plays and what is required to actually bring such a project to production.

Look at the company, its directors, their history, their connections and knowledge of the locality in which they operate; the company's cash and debt, its spending rate and its ability to raise finance.

Also, the political risks involved with the location of project....the list is endless.

Bottom line..... caveat emptor!

ps I do like Frontier

bean · 6 June 2007

flyboy77 said:
Quite scary to see how lazy some punters are. Why rely on a person in cyber space whom you have never met (no disrespect to fellow posters/investors)?

But seriously everyone, do your own research, DD, whatever you choose to call it. Recognise that stocks such as FNT have HUGE risks but also (potentially) HUGE returns.

Don't 'bet' more than you can afford to lose. Understand the basic economics of (in this instance) large tonnage Cu, Au plays and what is required to actually bring such a project to production.

Look at the company, its directors, their history, their connections and knowledge of the locality in which they operate; the company's cash and debt, its spending rate and its ability to raise finance.

Also, the political risks involved with the location of project....the list is endless.

Bottom line..... caveat emptor!

ps I do like Frontier

Everyone will sell when I say I have some, but I am a MMN player and they have a bit of FNT but I know there resourse is good and will be better than people think (not to say I will not sell if I have to or buy more)

Spaghetti · 7 June 2007

flyboy77 said:
Quite scary to see how lazy some punters are. Why rely on a person in cyber space whom you have never met (no disrespect to fellow posters/investors)?

But seriously everyone, do your own research, DD, whatever you choose to call it. Recognise that stocks such as FNT have HUGE risks but also (potentially) HUGE returns.

Don't 'bet' more than you can afford to lose. Understand the basic economics of (in this instance) large tonnage Cu, Au plays and what is required to actually bring such a project to production.

Look at the company, its directors, their history, their connections and knowledge of the locality in which they operate; the company's cash and debt, its spending rate and its ability to raise finance.

Also, the political risks involved with the location of project....the list is endless.

Bottom line..... caveat emptor!

ps I do like Frontier

I am not sure why people are so concerned about what is hapening on this thread. I see far worse on others on stock threads yet no comments. I find it a bit patronising that you would presume everyone buys based on just comments but fail to indicate where the information is misleading.

I do have short term concerns about Australians allergy to investing in countries like PNG. However Australians dont have to buy the end product and those that will, eg China etc will go to the cheapest supplier and will not favour Australian resources the same we seem to do.

As Australian overworked ports slow down our growth, send negative messages to purchasers worldwide resulting in cancelled contracts and the labour cost/shortage worsens then of course these new markets become economically viable when coupled with high commodity prices. Afterall the western world had a recent allergy to China and yet now is all but beholden to her.

It is a common theme in many write ups in various press that these types of mining companies find listing on European or Canadian markets to be the only option to find support because of Australians allergies. So perhaps we should stop talking down these markets and join in the rest of the western world and see beyond our shores. Because the rest of the world just doesn't see us being the centre of the mining universe as we seem to.

mick2006 · 7 June 2007

nice post there Spaghetti, I agree Australian investors place too much of a discount on mining companies outside our Country. But what everyone will come to learn is Australia is fast depleting their vast resources, and except for coal and iron ore are not finding enough large scale deposits worth spending the huge amount of money to get them into production.

It has been a while since Australia has found a large 500 million tonnes plus base metal project within our borders.

With the China, India now buying into grassroot exploration so they can control where the finished product ends up it puts companies outside Australia at a big advantage once they sure up those big discoveries.

The Chinese through development of the huge Ramu Ramu Nickel mine in PNG(not far from Kodu, Elo) have shown they are willing to spend significant amounts of money to assure their Country's future resource supplies.

Which puts companies such as FNT,MGO and their projects firmly in crosshairs of overseas Country's and Investors.

As Peter McNeil was saying it is a battle for credability for smaller resource companies in Australia that focus outside our borders. But he also stated he believed the tide would turn, starting with the latest resource upgrade from Kodu.

One final point no-one complains that Lihir Gold is digging up huge amounts of gold from PNG, which shows that the fight for credability can be won it will just take time!!

JackC · 7 June 2007

flyboy77 said:
Does anyone know how long after the individual holes are released will the Company release a revised JORC resource for Kodu?

flyboy77 said:
Quite scary to see how lazy some punters are. Why rely on a person in cyber space whom you have never met (no disrespect to fellow posters/investors)?

Flyboy - had to laugh when I noticed your above comments. Don't take this personally, but is this not a case of "Pot, Kettle, Black"?

Personally, I have done my own research, aswell as followed this thread in its entirety. The comments made on this thread are not supposed to be taken literally but are mearly a means of sharing your views with other holders or potential holders.

I wish you luck with your betting!

UPKA · 7 June 2007

what puzzles me is why is FNT listed in germany? as far as i know its concentrated on industrial stocks not materials? if they really wanted to rise more capital n attract attention u would think that they'll get listed in North America instead. from looking at the presentations n radio podcast from the MD, I dont find the management particularly confident, i have no reason to suspect this, js a feeling. bt again in a mining company management isnt as important as the resources they have, sitting on huge deposits like this, even a half fool can make it run!! .....

mick2006 · 7 June 2007

morning JackC, the latest resource upgrade is due out around 20th June give or take a couple of days, as per info from Peter McNeil.

Just trawling through some more FNT news it seems that we should be expecting some more assays from the trenching and sampling campaign at the Bukuam Project. Possibly late June/early July, going through some of the recent/historical results from the area this is another piece of news that could become a market mover as there has been some very good gold hits from the area previously.

Also for those interested there was a good article about the future pricing of molybdenum which is one of the metal associated with the Kodu/Elo prospects. Anything that adds value could only be good.

http://energy.seekingalpha.com/article/37364

well gotta head off to work, hopefully the lure of upcoming drilling results will shield us FNT holders to some degree from this short term market correction.

UPKA · 7 June 2007

mick2006 said:
morning JackC, the latest resource upgrade is due out around 20th June give or take a couple of days, as per info from Peter McNeil.

Just trawling through some more FNT news it seems that we should be expecting some more assays from the trenching and sampling campaign at the Bukuam Project. Possibly late June/early July, going through some of the recent/historical results from the area this is another piece of news that could become a market mover as there has been some very good gold hits from the area previously.

Also for those interested there was a good article about the future pricing of molybdenum which is one of the metal associated with the Kodu/Elo prospects. Anything that adds value could only be good.

http://energy.seekingalpha.com/article/37364

well gotta head off to work, hopefully the lure of upcoming drilling results will shield us FNT holders to some degree from this short term market correction.

as said in another thread in this forum, Moly is the next hot material. especially if companies have decided to replace their underground pipes with Moly pipes, will see the price soar even higher. and dont forget MGO has loads of this, the hard part would be digging them out.

flyboy77 · 7 June 2007

JackC said:
Flyboy - had to laugh when I noticed your above comments. Don't take this personally, but is this not a case of "Pot, Kettle, Black"?

Personally, I have done my own research, aswell as followed this thread in its entirety. The comments made on this thread are not supposed to be taken literally but are mearly a means of sharing your views with other holders or potential holders.

I wish you luck with your betting!

JackC - why is it pot, kettle, black?

I didn't suggest every poster knows nothing, does no research......moreover, you know nothing of me, my work or what I know.

Sensitive souls abound in cyber space.

JackC · 7 June 2007

flyboy77 said:
JackC - why is it pot, kettle, black?

I didn't suggest every poster knows nothing, does no research......moreover, you know nothing of me, my work or what I know.

Sensitive souls abound in cyber space.

Does anyone know how long after the individual holes are released will the Company release a revised JORC resource for Kodu?

Quite scary to see how lazy some punters are. Why rely on a person in cyber space whom you have never met (no disrespect to fellow posters/investors)?

Flyboy - It's not a question of being sensitive, I just found it amusing that you could ask for information (which has been posted numerous times on this thread anyway) & then have the audacity to call people lazy for not doing their own research & for beleiving what people write in cyberspace. I know you wern't aiming your comments at anyone in particular but can you not see how "two-faced" this appears!

mick2006 · 7 June 2007

Anyone just catch that 250k buy order that allmost took out the 13c mark. It was immediatlely followed by a 500k plus sell order at 13c. Does anyone else feel like the price is being capped around the 13c level, would be interested to hear holders thoughts.

rico01 · 7 June 2007

mick2006 said:
Anyone just catch that 250k buy order that allmost took out the 13c mark. It was immediatlely followed by a 500k plus sell order at 13c. Does anyone else feel like the price is being capped around the 13c level, would be interested to hear holders thoughts.

Just maybe!!!
It,s Bell potter and clients offloading some of the 25 million shares they took up just 2 weeks ago cso everytime it gets to 13.5: more sellers move in

It fits there unloading stock

UPKA · 7 June 2007

how much did bell porter got the placement at? was it 13c? if so i dont think they r making any profit at all...

Spaghetti · 7 June 2007

Well these dire warnings without basis or supported with fact on this thread coupled with what you suggest, maybe soemone doesn't want it to move.

LNR - Lanthanein Resources

flyboy77

YOUNG_TRADER

mick2006

Fool

mick2006

mick2006

flyboy77

bean

Spaghetti

mick2006

JackC

UPKA

Let the money work for you!

mick2006

UPKA

Let the money work for you!

flyboy77

JackC

mick2006

rico01

UPKA

Let the money work for you!

Spaghetti

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