Stock caller, The post you are referring to was made 02/08/2020. A lot has changed due to COVID19.
My last post:
I am very disappointed in FTXP. This was a great opportunity to buyback shares and they instead chose to dilute. FTXP doesn’t care about shareholders. IMO. I’ve taken a huge loss.
Also, no oil company can make money drilling a new hole with prices under $25. Let alone be profitable.
It will be several years before FTXP can show profits on their current leases. IMO.