FNT 0.00% 1.1¢ frontier resources limited

calls for compromise

  1. 266 Posts.
    Australia’s Returned Services League calls for compromise over PNG Kokoda Track mining
    Posted at 23:11 on 18 February, 2008 UTC

    Australia’s Returned and Services League is pushing for compromise over the sensitive issue of mining near Papua New Guinea’s Kokoda Track.

    Some landowners have been blockading part of the historic Kokoda Track where Australian troops fought Japanese in world War II.

    They’re protesting at the delay by PNG’s government in renewing the license for Australian mining company Frontier Resources to explore the Kokoda area for copper and gold.

    However Australia’s government is opposed to any development that could impact on the track.

    But the RSL President Bill Crews says he understands their needs and feels there could be compromise between maintaining the sanctity of the track and allowing mining to progress.

    “They don’t want to live in poverty all their lives so they see their economic benefit out of this as well to get them, sort of, above the village poverty level. So our position is we’d like to look for a compromise; very sympathetic to all parties in this, that’s why I hope a good compromise can be reached. Both sides should take a very measured approach.”
    RSL President Bill Crews.
 
watchlist Created with Sketch. Add FNT (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $5.380M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $1.65K 150K

Buyers (Bids)

No. Vol. Price($)
2 1076555 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 1330744 2
View Market Depth
Last trade - 10.02am 06/12/2019 (20 minute delay) ?
FNT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.