PVE came out with their quarterly around the same time - I had a quick look over that as I recalled that stock from years ago - still no production and a much larger cash burn but even they have a market cap around $24 million.
Just no value at all being placed on FPL's assets hey! More than anything I think they have to explain a feasible growth story - (like the Kinder Morgan tie in)......at least that puts the ball back in our court rather than hoping for a miraculous gas sales agreement with a party likely much bigger than us that so far has not been able to be stitched up.
At least it looks like the floor at 1c is pretty firmly in place.
FPL Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held