STTCOMP FPL, TA LONG
Fremont Petroleum - Oil and Gas
MC $6m
Cash 409k + $518k SPP
Gone through an eight month accumulation / bottoming out.
Recent results sees some volume coming to start the SP rising.
Breaking through resistance of 0.01 would see the next target at 0.015.
Due shortly is a Reserves and Resources Report; and the finalization of Gas Sales Negotiations.
Either of these could be the catalyst for a re-rate.
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