FPL 8.33% 0.7¢ fremont petroleum corporation limited

Thanks autosome. I read in their quarterly activities that...

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    Thanks autosome. I read in their quarterly activities that they're earning $105,000.00 per month nett @ $60.00/bbl oil. Should this continue they estimate ~$315k for the quarter which I reckon is better than a kick up the kyber with a frozen boot. Just thinking out loud they did do big damage to shareholders via the 1 for 10 reduction so sentiment for a CR would be minimal support , it would however be very enticing for new entries if it was pitched at .005c/s. That however would totally negate the reduction and be a massive retrograde step for existing shareholders as they would have to support the CR or be in the same market as newfellas who would virtually be in at 10c (or even less) to the existing dollar.
 
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Currently unlisted public company.

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