Nando I think you are being far too generous. If the high impact wells were all to turn out dusters then buyers at 30 cents will get killed in the stampede.
I am not saying they will all be dusters but the future of the company is now resting on this high risk strategy.
When the last quarterly came out I said if the high impacts are dusters the share is worth about 10 cents.
And all you holders can be outraged that 10 cents is stupid but if high impact fails then the company is not worth much.
The small wells are basically worthless
FDM Price at posting:
61.5¢ Sentiment: Sell Disclosure: Not Held
