LNR - Lanthanein Resources

[Ruprect]

Yep, well done guys.

I also took some profit on the oppies in the 4's, but still hold some of both. I think we can finally say that we should have cleaned out the Bell placement with nearly 25% of options traded today.

 

[Dr.Stock]

Dear fellow ASF'ers.
Stock here.
It has been great reading your opinions and views on fnt. I mainly deal with obv and your helpful insights and expert analysis is something that, one day, I hope to master. Yes I bought in.
Keep it coming.

 

[UPKA]

Looks like alot of people, including alot of ASFers (and yes me too) took some profit today, bt it didn't deter the rise in SP! I think the market is starting to take notice of this company. unlike us, many of them out there arent spec traders, so the ann did the SP alot of good.

I think bell porter clients has sold off most of their holdings, which added liquidity to the stock, we may see some day traders coming in on this one. So watch out for the sharp spikes in SP in the next couple of days.

 

[YOUNG_TRADER]

Guys, who on here uses Hotcopper and goes by the nick "followme"?

If you could pm please so I know who you are,

Reason I ask is because I've been alerted by an ASF memeber that "followme" is literally folling me! on YML MGO FNT and now FWL,

 

[Caliente]

nice day for FNT> a solid, not overexuberant reaction from the upgrade.

Don't feel like dumping this one till Elo now

 

[INORE]

It will be interesting to see if it has a similar track in germany frankfurt stock exchange....

I came close to taking some profits but with the large volumes traded at the +19.5c levels in the last hour of trading, i feel it has allready reach a new level of support...



and thanks YT

 

[spottygoose]

Guys, who on here uses Hotcopper and goes by the nick "followme"?

If you could pm please so I know who you are,

Reason I ask is because I've been alerted by an ASF memeber that "followme" is literally folling me! on YML MGO FNT and now FWL,

And he also wants to shout you an all expenses trip if you make it to Queensland. Nice to be appreciated lol.

I sold my holding at .205 today - might have stayed in for the morning but will be away from the computer so thought it prudent to lock in profit. My gut is we will get a bit of a retrace at some time (tomorrow??) and I will be watching closely when I can. Still, if I miss out I will be pleased with my lot and equally happy for whoever is still holding to make a motza.

YT - why are you sitting exams, with your track record couldn't you just buy the University??!

Cheers, Spotty

 

[Ruprect]

Guys, who on here uses Hotcopper and goes by the nick "followme"?

If you could pm please so I know who you are,

Reason I ask is because I've been alerted by an ASF memeber that "followme" is literally folling me! on YML MGO FNT and now FWL,

Well YT, there is no argument with your record! I hold FNT and MGO and have a bid in for FWLO so maybe im following too! But no YML, so i guess it aint me. I have a decent amount of others held before i joined here, but im very impressed with the research and have taken good advantage of it, so cheers.

 

[Ken]

Crazy volume.

And its fair to say its not the day traders pushing this one higher.

Because you dont go through close to half the volume....

I think a reduction in the number of shareholders may be on the cards.

2700 share holders FNT has. I wouldn't be surprised if some one is getting onto the registry.

Just a gut feeling. At some point, someone will pop their head up and say they own over 5%.

I have recommended this to a few mates, and they have all made a decent profit on it. One guy I recommended that friday was the last chance before the

 

[mobcat]

Just got off the phone with my brother in PNG. We are both very happy campers atm ..........He was saying that FNT is all the rage in town and a few of the pilots where he works are in on it big time due to the local goss on FNT. Like I said a few weeks ago money and mining is king in PNG and if you can prove up a reserve the pollies will help you dig it and the way FNT is going there might be some PNG pollies with sore backs some time soon LOL.

Myself, I can't see a retrace with FNT. Too much good sentiment around. Any weakness will be swallowed up before it can gain momentum. I think a lot of large players are buying up big time on FNT and it will very interesting to see where the top 20 sits come a month and we haven't got a broker on board yet. Just a matter of time imo and that news alone will give FNT a good leg up. Somebody with very deep pockets is buying FNT atm imo and will continue to in the short term and then sit till ELO.

These are very interesting days for FNT and are a pivitol part of their future as a serious mining company. My bet is 2007 is a foundation for FNT sp and we will see the huge resources and inferred resource numbers come into play with the sp big time in 2008 with Tassie being their golden EGG due to the oz content alone.

Happy days ahead for the loyal long term followers in FNT enjoy

 

[Fool]

I am holding mine long term also, funnily enough I was almost going to sell today but decided against it at the last minute.

I hold too much of it, and got it too cheap that it's ultimately going to be a very significant part of my portfolio.

The Elo drill results is what I am waiting for - going off Kodu, which Peter McNeil has already hinted to being an economically feasible mine in today's announcement, and the speculation that Elo will be 3 to 6x the size of Kodu .... means that Elo could be the big company maker.

Even better if they do get Tasmania on board, but not that big a deal if they don't.

The best part is that all these options that are being traded WILL get exercised because of Kodu. That's a huge amount of money that the company will have in reserve for future exploration and mine production.

Good news all around.

I myself am surprised there were people selling today.

 

[YELNATS]

its been out since this morning before trade opened.
why else would it be going so crazy.
etrade is full of problems...i use netwealth

I use netwealth too, have done for years, you get the announcements immediately, super reliable. regards YN.

 

[Fool]

Hello Peter,

I am currently a member of a couple of share forums where quite a few members are holders of Frontier stock and we were discussing getting in contact with you, with a list of questions that you maybe willing to answer, rather than everyone bombarding you with individual questions. Any information would be appreciated.

Here are the list of questions.


1. How many metres of drilling (roughly) are yet to be reported on from the Kodu drilling that have already been completed?

2. Are you having long delays with assay results from the labs?

3. In a recent bloomberg report it was discussing Chinese companies taking stakes in companies exploring PNG, has Frontier has any discussions with the Chinese or any JV partners regarding taking a stake in some of your PNG projects?

4. Has the company had any thoughts about listing on the Toronto stock exchange which seems to value large deposit low grade explorers more highly than the ASX?

5. Is the company relying on the conversion of options to fund the rest of the 07/08 drilling campaign?

6. Would it be possible to get a copy of a recent Top 20 shareholders list?

7. When would be a realistic timeframe to expect a drilling updaet on Kodu, days, weeks, months?

8. Have the company been approached about JV's or purchases on any of your projects in PNG/Australia?

9. Have the company plans to have an investor roadshow or presentation to increase the profile of FNT and its projects?

10. What would be a realistic timeframe before a mining operation could be established in PNG?


Thanks in Advance

Michael and the members of (Australian Stock Forums) and (HotCopper) that currently hold shares in FNT!!


Hello Michael

Thanks for your email and the consideration RE ‘repetition’ of effort. The statements below are accurate to the best of my knowledge, so I don’t think there is any problem in disseminating it. There are forward looking statements and it must be understood that they may not be achieved etc and that this email does not constitute investment advice (my required ‘without prejudice’ disclaimer).


1.Unbelievably 2,681m to be reported in holes KFD004 extension through KFD013. Drilling has stopped temporarily and we are cutting a track to KFD 014 site now which is targeting the annulus from the eastern side for tonnage expansion. The second rig is moving to the Elo prospect tomorrow.

2.Yes – it takes a month from when the samples actually hit the lab in Townsville. We both air freight and sea freight samples depending on perceived priority. Unfortunately it also takes a week normally to get customs clearance + the actual shipping time. Then there is the occasional incompetence factor where samples are short shipped or ‘lost’ by the shippers and not found until we notice and then force a search issue. This happened with the Bukuam trench samples that were only just re-located last week and re-shipped. We have the Bukuam soils and some rocks now and are trying to find time to compile, contour and report them as it will be a month before the other trenches (what we really wanted!) arrive.

3.No discussions with Chinese, but some data has been submitted to various companies via the PNG Mining Authority. I presented to a Korean delegation last year. Problem is these guys take forever to do anything and its not really in our best interest to have a JV partner such as them yet. An equity partner –perhaps.

4.Yes it was discussed briefly last week, along with the possibility of AIM. Problem with AIM is that it is expensive in every aspect. The added regulatory regime is also an impediment, but could be worth it. We have no firm view on moving in this direction, though it is possible. We experience with the TSX-V so that is not an issue, just the relative ‘value’ of doing it.

5.No, we just finalised the placement of all the entitlements issue shortfall (total of 5.74M raised over last 3 months), with a bit less than 5M remaining now [we were close to the bottom and have had some major capital purchasing (used sat phones, bulldozer, continued rig construction and vehicles) as all our originally second hand vehicles in PNG were dying regularly and paid for all our accounting and corporate secretarial work for 2007]. So we are well funded for about 2 years, relative to what work programs we run. It would be very nice I must admit to get option conversion, as it would bring in a large amount of money, but we are not relying on it. We are working towards trying to achieve this, but there is only so much we can do to make it happen. Toward this end, the Andewa gold vein drilling is scheduled to commence as soon as can be organised RE drill shipping etc (likely realistic start date is mid July) to define around a 50,000oz probably indicated resource is planned. The Elo drilling is also hoped to peg something of economic significance and give us a leg up. We will have to wait and see.

6.I will request one be obtained and forwarded to you (Paige – please supply) as possible. We have some new large shareholders from the placements, but I believe my interests are still the largest at about 7.5% and Bob McNeil’s substantial at maybe 3%? Macmin Silver has a substantial holding also.

7.We have assays for KFD004 extension and will be reported when I can write it up – Monday? and just received assays from KFD005, 005a, 007 and 009, but these will take a while to enter into the data base, sort and produce plans and sections – say 1 week to 10 days after KFD004. Plan and section production is the time killer and hold-up, as only the exploration manager can produce these.

8.Yes, for both the Tasmanian projects and the PNG projects. There are tyre kickers everywhere and they can waste a lot of our time. Newcrest are after data on several PNG projects now and I have to find time to compile and send to them. New Guinea Gold are interested in our East New Britain application, but Im not certain it is in our best interest to JV it to them as the contained Doilene gold prospect is on coast and effectively drill ready (ie relatively cheap and ready to test by drilling). In the end, nothing substantive in terms of JVs in the waiting though at this stage.

9.Roadshow per se - no at this stage, however, I recently did an AMEC Investors show in SYD and MEL, am doing the AMEC National Congress in Perth next week – free entry for investors on Sat, and a Gold Coast Investors show 14-15 June – again free entry and lunch! The chairman is doing a roadshow in Europe in early July for New Guinea Gold (TSX-V) and briefly discusses Frontier also, as the companies have quite separate types of profiles for investors so can be done together for effectively no cost to us. Im planning on doing Munich gold show in early Nov and was invited to speak at a sovereign risk conference in August but haven’t decided or accepted yet.

10.For Kodu, realistically is very difficult to say, so this is totally hypothetical. Say pre-feasibility commences August 2007 and is completed March 2008, resource definition and reserve conversion drilling would be required to continue until say end of 2008 or longer depending on number of rigs used with an initial target resource of 150-200 million tonnes for a reserve (depending on results from the revised Inferred Resource of course), initiate studies required for granting of a Mining lease after pre-feasibility- ie a full feasibility study- that would take perhaps a year to complete, apply for Mining Lease maybe end of 2009 at earliest, ML granted end of 2010 at earliest and construction commences early 2011? – at earliest. As this equates to only a bit more than 3.5 years it may be fairly difficult to achieve.

You didn’t ask about this one, but I feel it is of definite interest to you also - Im in Tasmania now reviewing progress on the revised Inferred Resource estimate. We expect this to be released about say 20th June.

The landowners support our exploration operation 100%, we have a very good repore with them (there are up’s and downs as with every relationship and the Koiari are historically known to be difficult to deal with – they made it very difficult when the Track was being ‘put in’ as they were still cannibals!). They have indicated to me they would unequivocally support the development also. They have now had 3 years of ‘our’ operation and a decade of ‘significant’ trekking to compare the benefits from both and we win hands down in terms of direct and indirect benefit to the community – it is not even comparable, regardless of what rubbish the eco-trekkers and KTA espouse. This is the landowners stated opinion in addition to mine! PNG needs mine development acutely and there are no known environmental issues with the deposit and its location.

All the best and if you want to call to ask about anything else please feel free to do so (08 9295 0388). Im quite happy to talk to shareholders and explain anything that I reasonably and legally can.

Regards Peter
Peter McNeil
Managing Director
Frontier Resources Ltd

As pointed out on Hotcopper by someone else, but missed by most.... Peter McNeil stated in this email that their Tasmanian project is due for an inferred resource estimate by the 20th of June.

He is been very punctual on the other announcements, so I would tend to believe he will be releasing that one this week as well - mick2006 could you maybe clarify that with him?

Either way, it's going to be a very good week for FNT - the Tasmanian project could just be the kicker to see the SP run even harder.

 

[Awesomandy]

Dear fellow ASF'ers.
Stock here.
It has been great reading your opinions and views on fnt. I mainly deal with obv and your helpful insights and expert analysis is something that, one day, I hope to master. Yes I bought in.
Keep it coming.

I'm a newbie here too, and I share the same view.

So, had another look at fnt this morning, and I bought in.
I might get another little parcel tomorrow, depending on how things go. At the moment, I'm not worried about people selling. The more they sell, the more we buy.

 

[Fool]

Hey guys,

Re mining, sometime last year FNT released a desk top study that showed the NPV for 2 various operations, one assumed a 120Mt resource grading 0.5% Cu Equiv the other 200Mt@0.5% Cu Equiv,

Have a read it had cap ex, mining costs etc etc

Scoping study, using a $2.80 Copper price and a $640 Gold price (USD)

It showed a 120Mt deposit @ 0.5% Cu Equiv would have an NPV of $500m USD = $625m AUD = about $3 a share FNT

A 200Mt deposit @ 0.5% Cu Equiv had an NPV of $1 Billion USD = $1.25Billion AUD = $6 a share FNT


Current JORC is 108Mt@0.5% CuEquiv
Yes they already do have a JORC hence we're waiting on a JORC upgrade

New JORC is due early June, it will include drilling such as 2 x 360m@0.7% Cu Equiv, I hope new JORC is about 150Mt@0.5% Cu Equiv, or better yet 200Mt@0.5% Cu Equiv, I'd expect FNT to advise the mkt of the NPV value of the deposit based on previous scoping study

My hat goes off to YT yet again.

Right on the money, and look how long ago he called this.

Thanks again mate!

 

[prawn_86]

I use netwealth too, have done for years, you get the announcements immediately, super reliable. regards YN.

i just wish netwealth could handle stop loss orders. rumours are they're workking on it but that was 3 months ago and havnt heard anything more.

 

[mick2006]

No the resource upgrade on the 20th of June was for Kodu, he was just putting the finishing touches on it in Tasmania.

The tasmanian project will be on the backburner till early 2008, just so much promise in PNG at the moment.

 

[Mazrox]

What a great day yesterday! I'll be taking a bit of profit this morning, but am hanging on to my oppies as insurance in case I can't get back in at a decent price in a few days.

Am happy to join the chorus of happy FNT holders and say a big thanks to YT and Mick for their great work and generosity. Apart from making some cash (which is always nice), as a newbee I am learning a lot from you guys too...

Looking forward to today!

 

[vert]

Same with i Mazroz, fairly new at this myself. Have been wathing how a few people on here trade and trying to pick up helping snipets to add and better my trading plan. YT has been great to watch over the last 6 mth (no im not the stalker "followme") in that i have read everything he posts and watched those stocks he finds pan out. i soon hope to be able to understand grades and quantities better so i can have some input on here and repay you guys who do the hard yards.

thanks YT and Mick

 

[mobcat]

Check the announcement just out for FNT what a pleasent suprise indeed to wake up to .............she moved nicley in germany overnight up 33% happy days