Energy security is King. UK will push both O&G and Carbon capture, both areas FDR are highly leveraged in, particularly with our strategy of licensing and exploration near to infrastructure. UK Govt have also committed £20B spend on CCS which FDR can benefit from. We have seen both the US and UK now making decisions contrary to their political talking points with two major fossil fuel projects going ahead. Logically, Australia will follow suit in the near future. As investors, we might be on board early but we should also see the most ROI once general population realises we still have 30 - 40 years of fossil energy dependency. No better company on the ASX with 10x - 30x return potential in this sector. Now we need to see the team exploit some farmouts and carries
https://www.theguardian.com/environment/2023/mar/24/uk-government-launch-revamped-net-zero-strategy-oil-gas-capital-aberdeen
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Energy security is King. UK will push both O&G and Carbon...
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Mkt cap ! $18.47M |
Open | High | Low | Value | Volume |
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4 | 16523 | 6.5¢ |
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6.5¢ | 20307 | 2 |
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4 | 16523 | 0.065 |
1 | 35000 | 0.062 |
1 | 8200 | 0.061 |
1 | 10000 | 0.060 |
1 | 55500 | 0.055 |
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0.065 | 20307 | 2 |
0.069 | 49694 | 1 |
0.070 | 221428 | 2 |
0.084 | 150000 | 1 |
0.087 | 230850 | 1 |
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