FPL 8.33% 0.7¢ fremont petroleum corporation limited

Not all its seems here Free, tread warily. Cashflow positive...

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  1. 19,194 Posts.
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    Not all its seems here Free, tread warily.

    Cashflow positive here doesn't seem to relate to quarterlies, it seems to relate to revenue vs production costs and it certainly has never ever covered G&A.

    Even the new workover will be dropping daily from 50bbls, it IP'ed at 403 and hardly produced. Gas issues (too much gas)

    Losses heading for $100m and shares issued nearing ASX records.
 
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Currently unlisted public company.

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