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
FPL Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held