FPL 8.33% 0.7¢ fremont petroleum corporation limited

Just listened to it myself. Don't know the guy at all but I...

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  1. 10,010 Posts.
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    Just listened to it myself.

    Don't know the guy at all but I think he recognises they have stuffed shareholders around over the last few years.

    But also sounds like they are looking to turn it around and that we might see some news soon on the gas contracts and that these two wells seem to be a bit bigger and better then some of these others.

    Also good to see that they are able to meet running costs with oil production revenues.

    The higher the oil price the more money coming in so with oil trending up we should start to see that affect the SP imo.

    Let's see if these guys can get it right here and turn things around and there might be a bag or two in this imo.
 
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