Agree with ur point of view. BUT even if they would buy into an oil/ gas producing company, how much money they have in reserve is the question. They have to budget for BRIAN 2 too. So I reckon it wont be a big buy considering the fact that money will be tight for the BRIAN 2 and few months later the project in France. Where the SP will head to, is a good question. Hopefully back to the .008 mark??
On the contrary, what if FUT is getting taken over (but I think they need to announce their intention before hand)?
OR
What if they are buying small stake in another company which might bring in some regular income for FUT to keep drilling?
FUT Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
