i'm backing fut, page-9

Lol Hudson,

If this company was diluted any further it would almost disappear.

Looking to the future, and say FUT come up with
A promising JV or hit decent oil ( not 35 bpd)
Then it will be my understanding that further money
Would be needed to fund such a find/deal,
Thus making it virtually impossible to raise from
The prices we are currently at.
The only other solution is then to shut shop
And launch a new prospectus, and with a min float
Of 20c it would mean 100 of current FUT stock for 1 single
Share.
I could be wrong, but the dilution is probably the worst thing
To happen.
Now it would take some serious news to move SP,
Furthermore Hero,
In relation to your comments about the efforts of
Managment, I leave you this for a thought, this
Is how I see FUT in the past year

Share price crashing, was over 1c not to long ago
Managment huge payrises (not justified in my eyes)
Not a single milestone reached
Atocha dead and buried with no $$$ to pursue
The lake was supposed to be drilled..... Only getting a % of 35bpd
Hardly a find in my eyes,
Shareholders been left in the dark regarding status and direction.
Also,
Where was/is barnaby to go out n buy onmarket to show people he has faith in FUT.
Sadly I AM a shareholder and would love to be proven wrong, but that is my perception of FUT

Cheers