FPL 8.33% 0.7¢ fremont petroleum corporation limited

Ann: Fremont Petroleum Corporation completes $1.7m Placement, page-51

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,312 Posts.
    lightbulb Created with Sketch. 425
    Ah, junior you cannot be that naive can you? "Grizzling" is that what you think it is? Why don't you have another discussion with mgmt.

    I'm not dismissing your +ve research ... there's 2 sides to every coin and 3 versions of the truth. IMO you dismiss the -ve as if it does not exist and that tends to be a fatal mistake in investing. I've done an it cost me (not AKK). I know Auto's done it and also been burned. Likewise Sharks. Not sure for Sector but I'll just include him too ... no one is perfect.

    Strict ASX rules on disclosure? You must be joking. The SEC has strict rules but then AKK doesn't have to answer to them. The COGCC has stricter rules than ASX.

    YES or NO - as I won't waste further time depending on your answer

    1. Do you think it should be disclosed whether a well is a new well (i.e. spud from new top hole location)?
    2. Do you think it should be disclosed whether a well is a sidetrack of a previously spud well where earlier drilling had to be abandoned because of drilling problems
    3. Do you think the status of previously drilled wells should be advised and what has to be to be able to TIL the well?
    4. Are you satisfied with the drilling disclosures to date?

    Never disputed that there is oil there to be recovered. The question is more, how profitable will it be (and possibly by whom).

    There is a ton more stuff we could discuss about just the last presentation. It's management's job to illustrate the positive. It's the investor's job to discern the accuracy, probability of success, look for areas not discussed, look at peer performance and look at the company's performance.

    Investor's don't need parrots. The best case scenario is the presentation of 5th June 2017.

    Good luck.
    Answer 1,2, 3 & 4 and we may have further discussion.
 
watchlist Created with Sketch. Add FPL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.