Hi Youngn. Two years is the longest I've waited for a return on...

Hi Youngn. Two years is the longest I've waited for a return on investment, that was with AGY. Others have been between months and a year, however, I will quite happily wait as long as needed for one or both of my target catalysts to come into play (Price/MC target and strategic goal/commercial action target). When a company continues to work towards those two factors and no adverse events or mistakes arise then the only ingredient needed is time (patience).

In regards to FDR, they have 1. capital/money, 2. strategic business plans, 3. stopgap revenue generation, 4. multiple streams for significant commercial catalysts and 5. a market cap level that can allow a life changing return on success. It's quite simple really, FDR are a newly capitalised public company which had a well fail which in turn allows a position to made at a low valuation (points 1 and 5). They have a business model that allows revenues through both the sale of equity in projects (that they acquire cheaply) together with hours billed for staff - effectively we become the outsourced exploration arm for major UK oil/gas producers (point 3). A strategic plan that leverages the new attitude/changing landscape to fossil fuels, our projects surround producing assets allowing for life extension of current infrastructure all while the environment for greenfield projects becomes increasingly difficult in first world countries (point 2). Development of 5 - 6 projects with significant and growing resource potential in key locations that allow for commercial deals that in-turn allows FDR the potential to exploit 10's to 100's of millions of dollars in strike (point 4). These are the reasons why I am in FDR and as long as progress continues I'll wait until for the big payday