I cannot see this going to 15 cents we have 6 wells producing and after the capital raising we will have 1b shares. CVN sp is 44 cents and 1b shares and only drilling with oil shows also did a cap raising from SH in June of $20m and now have $63m in funds and a 4 times the cost in drilling not much difference in Companies
FDM Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held