FBR 9.43% 5.8¢ fbr ltd

Massive development opportunities in India, page-39

  1. 5,900 Posts.
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    Yah, thats why I sold out on that resource company starting with a big B. They plan to sell their shale/rig in the US. Fortunately, the W company had a CR capturing some WA assets. Don't be fooled, as much as the climate change, greenies, wants us to believe renewable is the future, we are still very dependent on oil for a bloody long time. Everything you see around you uses oil in one form or another. Even the food you eat from pesticides to fertilisers uses oil based products in one way or another.

    PS: never interested in small caps miners, there are just too many of them on the ASX and they are all very speccy punts. Already have one in SOR, but I was only attracted to their nanocubes which would take some time to "mature". Put some in FD ytd on my super for 6 months. Would have some left once the decent happen.
 
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