FPL 8.33% 0.7¢ fremont petroleum corporation limited

Cmon...no 'heresy' in my judgement of a negative Qtrly.... As...

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  1. 1,390 Posts.
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    Cmon...no 'heresy' in my judgement of a negative Qtrly....

    As you know as a fellow investor in this sector.a negative Qtrly is
    a fact of life for junior oil explorers even in initial production phase
    ..as the company works towards a long term production profile..

    The problem we have here is that there are so many forensic
    " not held/sell' students who are prepared to put forward all the reasons why
    FPL ..will not succeed,in it's current circumstances,based on past experiences
    and/or judgements about current cash flow dynamics that really are way to "myopic"
    in regards to how a 'business plan' works in the ..dare I say ..long term

    Cheers
 
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Currently unlisted public company.

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