Agreed Puddy. they have over 2 billion shares. Not sure I see much logic in them selling 20mill per day in order to recoup $3mill after 3 or 4 years. They will have done the $4mill of work way considerably before then. Whereas if they can make a transformational change (ie: increase production!) then their $4mill could easily be worth $40 mill .... that's worth getting the drill bit dirty! They are very very much aligned to us! IG
sub .1, 0.11 or 0.3 - all are either crazy bargains or throwing money away.
There are a couple of pieces of news that would result in FRR going bust. There are many pieces of news that would result in a huge multibag re-rate.
I am long here. I believe the potential reward outweighs the potential risk. Whoever took the recent 200 & 100mill trades feels the same way. News will inevitably surprise us - and if it arrives while you're procrastinating & waiting for 0.01p cheaper, you may well regret that... or not! GLA IG
Well didn't know it really..appears tpl tethys are having a good day...should have taken this off my watch list as it gets annoying when they go up and didn't have the bottle to chance it .same with rem doing a Phoenix. Another heads invest tails don't strategy that whent asque .now who mentioned fcr !!! joking I know who it was...!!!!! Hope is eternal !! Hindsight is annoying..gla .Sun is out bbq is planned ..
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