FPL 8.33% 0.7¢ fremont petroleum corporation limited

Large BUYS starting to go thru, page-72

  1. 6,312 Posts.
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    Full Service Broker no doubt. Nothing but the best LOL

    That's OK. I'm surprised though you wouldn't take the opportunity to deliver good news and talk up the stock (having dropped 30% from the earlier high of 1.4 that got all the attention). As it stands it just an ordinary, nondescript , plain vanilla line from the leadership of

    "For the past 15 years, he has held senior roles with leading global oil & gas drilling companies, and he has extensive experience in commercial management and development drilling."

    Nothing inspiring. Good enough for the FPL team (who talk everything up ... or so it seems) then good enough for me too.

    What do you think about the concentrated ownership of 74,785,716 shares out of 691,341,981 issued (11%) plus those 36,821,429 options at 2cps that expire in just under 2 years.

    Did you notice that Claymore Ventures Limited (of which Sam is a director) held 2.2% (696,217) of the May 2020 $0.40 options of Global Energy Ventures (GEV) the former TTE Petroleum Ltd (salt domes in Texas). GEV is now headed by Maurice Brand former founder of LNG on the ASX. GEV is planning to be a player in the marine transport CNG (not LNG) market and on the lookout for gas. Don't know of course current state of options held etc but they were in the money early in the year with the stock at $0.45 but unfortunately it has more than halved since. Thinking CO gas shipped to Atlantic coast not a feasible option.

    Anyway Sam clearly is the major shareholder
 
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