Australian (ASX) Stock Market Forum

LNR - Lanthanein Resources

I cant help but make similarities between CQT and FNT. I know the name is similar ending in "T", but i think theres more to it than just that.

CQT traded some rediculous volume leading into a really good run, very similar to what FNT has done.

CQT had options trading and there was a mass ive spike in volume about 3 months before the options went bananas from 4-5 cents to 20 cents.

I think FNT options have had that volume spike, that could tell the story when we look back on these, and think why didnt we buy more.

Obviously there is risk with the options. As I think at the moment, we are paying a bit of a premium. However this could just be a hint, that the options will not be given away.

The options I know are high risk, high reward.

I also see similarities with CQT only having a small number of top 20 shareholders being 30%.

So there is heaps of liqudity in the stock, which the traders love, and must have for the options to be worth while.

We know FNT has a massive resource, its still an explorer, but there is definatley something brewing, that is making the next 3-4 months for FNT something to behold.

I know the market has run hot, but there is always a stock that you look at, and think, why didnt i see that. Signs were there, Volume was there. Announcements were there. Directors were buying. Top share holder Topped up. Options were there as a bonus.

I am just thinking out loud. I am here to make some serious cash, and FNT looks to me like a stock presenting an opportunity where theres Cash to be made, if you can see the way the stock is being played, and the way it is building up to towards the next announcement.

I'd love FNT to test 16.5 cents to bring back the day traders, and show the support of the upward trend. We are a good 2 weeks since our last announcement, and FNT has held strong.

This is not a pump and dump in my eyes, this is real, and theres going to be a story to be told.

I am back in after selling my profits at 23 and 24 cents after holding from 13 cents. I am back in with profits only at this stage.

Good luck.

Sorry long post. Just needed to air my FNT thoughts.. will let you know if I have any dreams about FNT. I did have one that I never got back in and the share price went to $1. like When I bought YML at 17 cents and sold at 25 cents....

FNT - be in it to win it. Or lose it.
 
I like your way of thinking Ken. I bought back in today after watching the options rise to .052 (falling back to .047) while heads dropped to 17.5 .Although announcements are not due for a couple of weeks thought it couldn't hurt to get back in early...it certainly gave me confidence to see the options get to 0.052 I'm still holding from .027 and will for some time as there will be a steady stream of results announcements right up till november- a big bonus of them having their own drill rigs:2twocents
 
Im going to have to agree with kgee and also say that I like your line of thinking Ken, I will be re buyin soon, Maybe today would have been the prime time.. I dont know, but i didnt today, I was busy and didnt even think about it.
 
We also know that Elo has the 'potential' to dwarf Kodu. Peter Mc. stated in that recent MiningNews article that they are looking to double the resource at Kodu again ie from 200mt to 400mt.

If Elo comes up bigger again - wow! (but let's not forget no drill results yet!)

Then there's Bukuam which has Zn and moly sweeteners too.......

A plethora of other very grass roots projects all offer additional (large) upside potential.

Time is the one big risk with the FNTOs. However, with:

a. 5 holes from Kodu;
b. Trenching and sampling from Bukuam;
c. Elo drill results; and
d. other FNT news eg Tassie, other PNG projects

all (some highly) likely well before the Nov 30 deadline, hopefully will not be an issue.....

but, as always, CAVEAT EMPTOR. :2twocents
 
Some nice pointers there Ken,

All in all, we always knew the potential of FNT, but now its time for Elo to deliver,

If Elo is the goods, watchout is all I can say ;)
 
Well I'm back into FNTO today @ 4.4c - albeit only about 1/3 of what I want

all the above info looks very promising, even if some of it is speculation at this stage.

Like most from here on in I will wait for the results from Elo and then see where I go from there.
 
quite a few ASF members have been asking me if I still hold FNT, and the answer is yes, I took a few profits between the levels of 20-25c.

Apart from the release of the assays from the last few holes at Kodu, FNT should be fairly quiet until we hit August when the newsflow will start to pick up again.

In August we will have the latest resource upgrade from Kodu and the first results out of Elo.

So I will be looking to increase my holdings early August in anticipation of some more very encouraging news out of the company.

As I am now on holidays I will be sending off another email to Peter McNeil in the coming weeks to get a better indication of the timeline for these releases.

If anyone has any questions for Peter just let me know and I will ask him.

At the moment there are some better companies out there short term to make some good money in. But I certainly will be topping up on FNT come early August.

Some other companies with some shorter term possibilities would be CUL (iron ore) and AZS (molybdenum/lead/zinc) with AZS having a possible 5 market sensitive announcements in July.

Hi Mick, i just doubled my FNT today and would be interested if you have had any further correspondence with Peter McNeil yet? Do you think he will be giving us a date or an indication of the kodu drill result announcement as he did last time? Cheers.
 
Elo drill results out in 5 weeks.

Presentation from FNT in melbourne on august 1.

Drill results delayed due to backlog at testing facilities.
 
Elo drill results out in 5 weeks.

Presentation from FNT in melbourne on august 1.

Drill results delayed due to backlog at testing facilities.


Hi Ken,

Do you have a link or further details about the Melbourne presentation?
I've googled, but can't find any info.

Thanks
 
Sorry.

Details yet to be confirmed.

I have contacted the company in regards to this, and they didn't go into anything further about where.

I do know its set for August 1.

I will attempt to find out more next week.

From what i believe there will be a number of other companies presenting on the day.
 
For those who have an interest in FNT.

According to the investor program, there is 2700 share holders on the list... that seems extremely high. Because if the top 20 hold rougly 50 million shares.. then that leaves 80 million shares outstanding. Divide 80 million by 2680 share holders and that equates to roughly 3000 shares per share holder.

Which seems low....

my calcs 80mil/2700 = 30,000 shares per holder
Cheers
G
 
For all those still holding FNT, I will be getting in touch will Peter McNeil shortly but he is on a weeks holidays starting 14th July so probably will try and touch bases with him late July.
 
For all those still holding FNT, I will be getting in touch will Peter McNeil shortly but he is on a weeks holidays starting 14th July so probably will try and touch bases with him late July.

Thanks Mick,

I guess this adds assurance that there will be no price sensitive announcements until he returns. Hopefully the SP will drift a little until then.;)
 
Well I'm back into FNTO today @ 4.4c - albeit only about 1/3 of what I want

all the above info looks very promising, even if some of it is speculation at this stage.

Like most from here on in I will wait for the results from Elo and then see where I go from there.

All my positions for FNTO have now been filled, so I'm set and ready to go. I still hold a parcel of FNT also (free-carried)

17.5-18c seems to be a solid base now (and 4c for the oppies) so with any luck FNT will sit at these levels until early August pre-announcement.
 
lets get the conversation started on FNT

been quiet for awhile

a nice bit of action. saw 16.5c for awhile

are we expecting a few announcements next month?
 
I jumped back on too early, see red now, my only one.

Time will be kinder to those that wait, but I do implore anyone who is thinking of buying to do so now to make me green again. This is a ramp, no other reason offered other to make me see green again. Is honest ramping allowed?

Meanwhile on a more truthful note we have a few weeks yet. I was surprised to see the s/p fall today as I figured it was in holding pattern. Seems someone got a bit tired of waiting. It will be August before any futher news as far as we know. We need to be patient.

Tempting to top up though:D
 
I jumped back on too early, see red now, my only one.

Time will be kinder to those that wait, but I do implore anyone who is thinking of buying to do so now to make me green again. This is a ramp, no other reason offered other to make me see green again. Is honest ramping allowed?

lol, Spaghetti, I'd love to help you but I have no spare cash at the moment... everything is tied up in AAR, CVN and CUL
 
timing wise. i dont think FNT is a smart buy right now. We know we are still 4-5 weeks away.

The buy side has disappeared as people have looked for greener pastures.

the wonderful thing about the market is liquidity. money comes and goes. nothing has changed with FNT.

Its just a matter of getting on board for the next run. You would like to think support is at 16.5 cents....

If it drops below this, then I think Chart wise it looks ugly. I would like to see one or to bounces, but just to confirm the smart money is getting back in and to reassure traders of the strong support at 16.5-17 cents.

The options are an interesting play. I think if you get involved with the options around the low mid to low 3 cent mark there will be another run to at least 5 cents.

the announcements will be far between. I am holding FNT heads as a long termer.

I have set aside a substancial amount to buy in when i feel the timing is right.

I will be looking at around 200,000 shares mid august if i see support, just before ELO upgrade.

just the way i am trying to play it.

for now i am not buying on weakness because its too far out from next major announcement. Im purchasing along a timeline not on share price.
 
You are dead right Ken.. no reason yet to buy as the ann are a bit far away.

Can't blame a girl for trying though.:D
 
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