FUT 0.00% 1.4¢ future corporation australia limited

Found it a bit frustrating about some misconception about the...

  1. 13,244 Posts.
    Found it a bit frustrating about some misconception about the results and the lousy release written by the MD has he got a clue on how to communicate with holders. Am not worried though, I think I let my expectation run on the trading halt. Just looking forward to result cannot believe some are picking up at .005 amazing that some are that worried about having to frac the sands. If punters only realized how common this occurance is it would not have dropped at all. I really think they thought it would flow and did not expect the porositity to be so low with the tight sands. The spectrometer and log would have told them the contents and pressure, but a lot of wells in the sand are tight formations and are fracced and flow, BP's port hudson last well was fracced due to tight sands, it flowed at 32mmcfd. I would not be suprised if we got results and flow rates as early as next week. Am happy to hold for results, I should say confident to hold.
 
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