FPL 8.33% 0.7¢ fremont petroleum corporation limited

Ann: Quarterly Cashflow Report, page-6

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  1. 615 Posts.
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    fair comments guys.

    its not the cashflow that has me scratching my head however. what perplexes me is that if they have a resource in the billions of cubic feet of gas, or millions of barrels of oil they need to be selling a growth story - not a "cash flow positive" story.

    a $7 mill market cap for any resource company with a decent size deposit, regardless of the commodity, is a pittance if they have a clear plan to exploit it.
 
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