Autosime
I don't work in the industry, I own the company. I've explored (seismic dynamite, weight drop, vibroseis land and sea, drilled, cemented, fractured, acidized, pumped, squeezed, water injected, etc, etc over 50 years. What have you done in the industry that gives you this great ability to predict the viablity of the Florence field? How do you qualify? I enjoy investing in marginals that imo have good prospects at rock bottom prices such as FPL rather than the likes of BHP,EXXON, MOBILE & soon ARAMCO that are all currently highly overpriced. I bought heaps of Woodside and Western Mining in the early 60s' for a penny when the gurus of doom predicted their certain demise and still have them. I enjoy everyone's comment on this forum but could you admit that the directors of FPL have accomplished just one good thing, however small? After all, they're still here, finding and producing oil when hundreds have crashed.
FPL Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
