Next months production figures will be interesting. If production has increased significantly again it is going to be hard to contain this at a market cap less than $5 million! & if they do ever strike a gas deal then it has the potential to really rocket. I respect the knockers (they have been right so far), but I don't discount the possibility of a big, big turnaround in the new financial year. You just cant find stocks with a oil/gas proven resource this cheap & with the commodity price increasing dramatically in recent months that is going to have to improve the bottom line.
FPL Price at posting:
0.8¢ Sentiment: None Disclosure: Held