FPL 8.33% 0.7¢ fremont petroleum corporation limited

akks half yearly Junior - the following figures explain why you...

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    akks half yearly
    Junior - the following figures explain why you are been taken for a ride .
    The figures below are for 6 months
    290k for professional fees
    233 other expenses ( you don't need to know lol )
    133kn in travel and accomodation expenses ( I kid you not )
    All of the above is in addition to salaries 630 k of other costs for the half year . Travel and accommodation of 133,000 . These guys are living the high life while they earn 30k on revenue .
    Orion - you need more the 500 barrels per day and 2 m margin to pay for these guys. A lot more

    big kahuna
    Look at transaction costs for last raisings
    3.49m raised cost 498k costs ( about 14% !! )

    And the icing on the cake
    Trade receivables 73k
    Trade payables 452k
    That's right - these guys will need a another raising before too long . They will no doubt try to announce something about the bird well and will raise money before on IP numbeR
 
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