Nyden
G.E. Money Genie
- Joined
- 23 May 2007
- Posts
- 1,368
- Reactions
- 1
I think Kgee hit it on the head. When has any gov ever made any decision in 2 days?
They wont care about FNTs oppies. In fact thy will probably try to hold it up to screw them over as a power play to say "we're the boss".
not just that but the govt can do a lot of "under hand dealings" ie they could get the PNG government to reject FNT's claim and maybe give concessions in other areas to score brownie points
although maybe because its election time I'm ultra cynical
I hold FNT and was hoping somebody might hold my hand and tell me I'm being too cynical
One possibility is that FNT could leave the shares halted for a while, and notify option holders of an extension in the option expiry date. That would take the heat off.
Govt,
It has now heard from all the stakeholders and will make a decision soon as to whether mining or tourism will be the winner.
One possibility is that FNT could leave the shares halted for a while, and notify option holders of an extension in the option expiry date. That would take the heat off.
Knowing the gov, it wont be resolved and the shares will be removed from listing until the beauracrats decide in say... a months time?
Im sure the gov doesnt care how long the process takes...
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