FPL 8.33% 0.7¢ fremont petroleum corporation limited

Eddie - give it a few more days . Assuming remediation started...

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    Eddie - give it a few more days . Assuming remediation started late last week , give them 4-5 days to fix the issue. If you don't hear by Thursday then worry. Having said that , either way they are in deep financial stress with 900k in debt , 500k in payables and significant weekly and monthly cash outflow the only way they can keep operating is another big raising. Given time of year they won't be able to drill any more wells for 6-7 months so the spiel as to why people should take up any placement shares will be a very hard one .
 
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