I thought it would be good to have a comparision of FUT with another junior oiler and that is NDO. I see today they announced unassisted oil recovery from a drill of 18500bopd! FUT recently announced 30bopd :) ..... I dont think this company is a rort but I do think that the very small flow rates will only do one thing for the company and that is pay the big wage which the MD is getting paid!! Think about this.... 14 days of flow from NDO current well is like a lifetime of oil that will come from FUT latest project as they are expecting 2500000 bo recovery from the lakes!
FUT Price at posting:
0.2¢ Sentiment: LT Buy Disclosure: Held