FPL 8.33% 0.7¢ fremont petroleum corporation limited

Ann: Addendum to Bird 13-18 announcements of 9 and 11 Oct 2017, page-36

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  1. 15,774 Posts.
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    Orion
    You are very wrong . Any flow rate is not a positive . You need a flow rate that will recoop the 400k uSD spend plus corporate expenses and then same . Otherwise you are spending 100 dollars to make 70 and you know that simply means shareholders funds down the toilet . This is what AKK /FPL have been doing for the last 8 years . 90% of wells have flowed oil , and yet the have blown 75 m AUD in shareholder funds
 
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