visit to fut agm...., page-10

Hey YT...they mainly focused on the French & Italian assets which sounds they purchased cheaply off a cash struck European Gas. Lots of blue sky left in these deals for FUT.

Re FUT's cash position, with many of the option holders exercising, they will have more than $7 million in the bank, so need for any further capital raisings for about 12-18 months.

I am thinking, that the US deal they have referred to in recent announcements is closer than they are letting on, but thats just my opinion.