With funding in place now this is grossly undervalued
Should be .60-.70 right now just on potential-the price is ridiculous, short term risk is gone. Long term opportunities are huge-JMHO. I have a measley total of 39K now, avg. is about 0.22-gonna hold it long , been here 2 years, what's a couple more?
This is 60MM for cash flow with warrants attached ....................
It is money to be spent = not cash in the bank
If it were money paid for stock - then yes company would be worth 400 Million - Sorry
Math ain't there. And I have a large holding
No gas pumping - no value
It is only about 2 years expenditures
Their first wells somehow will not produce so ------ I'm holding but mostly dreaming
I agree with you. 60m is a TON of money for someone to give to FEEC. Whomever they are, they must know that FEEC will be able to use the money to generate HUGE revenue. How else would FEEC be able to pay them back. Time for huge production numbers and a much higher price. Go FEEC....
Agreed on all fronts. If memory serves correctly, ony about one-quarter of the block has been explored, right? Imagine getting the 1-H pilot area producing/generating revenue and then the rest of the block explored. Hold on to your hats boys, could be an exciting ride! Although I was able to make a few bucks on some quick trades, I always looked at FEEC as a long term investment and not a stock to "trade" and hopefully Mike will prove that now.