Everything else aside FPL has secured 2 million, therefore there...

Everything else aside FPL has secured 2 million, therefore there are obviously sophisticated investors who have faith that they're going to make a profit. The report also reaffirms that FPL will be self funding by end this year, suggesting that the main income will be from gas sales. That's all good news but to the shareholders who invested around 2 years ago the price would have to increase 10 fold just to get back to par. However anyone investing for the first time in FPL stands a very good chance of making a profit in a reasonable time. The share price will be held back by the pros dumping into the market after the issue. Further restricting the price will be the options excersizeable at 2c. The only salvation for shareholders like myself is for FPL to be able through new discoveries to come into production of between 500 & 1000 bbls/d or score a bonanza on the gas production side. Further into the future is the development of the lower production horizons which might prove quite profitable. FPL is still waiting on the equalisation of the recently drilled well (of which I've forgotten the name) in order to test its potential. The killer for investors like myself was the 10 for 1 reduction which virtually eliminated my chances of reasonable recovery. FPL could easily have lived with a few billion shares ( as do many other listed companies I.E. LKO) and I would still be in the game but now I'm giving 10 to 1 to the newcomer. To cap it off (no blame to anyone else here) it was my decision to buy. I still believe FPL will be a success but perhaps not for this old five & dime'r. Keep the faith. P.S. If FPL becomes cash positive at 100bbls/d what does the bottom line look like at 200bbls/d??