FieldPoint Petroleum Corp. (FPPP)

[Uranium]

FPP: Not new but worth a read http://finance.yahoo.com/news/Exclusive-Interview-With-The-twst-933807274.html?x=0

TWST: FieldPoint's continued ability to expand depends on its ability to raise capital. Would you comment on the overall strength of the company's balance sheet at this time?

Mr. Reaves: As I said earlier, we are in our ninth year of profitability and strong cash flow. The fact that we have been able to generate strong positive cash flow, over the last few years in particular, has led to a very strong balance sheet. Our debt levels for the last couple of years have remained flat to stable, and we've increased cash on hand over that time frame. So we've been able to generate enough cash to pay for this first well that we're drilling with Cimarex. We believe that cash flow model is intact and will sustain itself. We believe that we will have sufficient cash flow to meet all of our capex requirements between the next 12 to 24 months without any problems. We have not been big on hitting the equity markets. That is a consideration. We have recently filed a shelf registration statement, which will allow us access to capital markets if we choose to do so. But right now, at this point, cash flow is king for us, and we don't see any problems meeting any of our budget requirements going forward.