I forgot to add with success under the belt the market will start to factor forward looking gas flow and development of field in the sp. With cash generation it doesn't matter how many shares are on offer at 2 cents Fut market cap is around 50 mi. With barnaby edgertons investment banking backgroungd you would expect him to be able to present a pretty good case to small cap funds and investor on the potential upside for a small company like fut. With a lot finger pointing to Port Hudson 13 wells bringing in 26,000 bopd equivelent in the next tenement over. Also coupled with extremely low costs for drilling and built in infrustructure, the upside could be quite a suprise.
FUT Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held