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Bullboard - Stock Discussion Forum Feronia Inc FRNFF

Feronia Inc is involved in palm oil and kernel oil business operation. It is engaged in producing and processing palm oil and kernel oil in the Democratic Republic of Congo. The company derives key revenue from the crude palm oil production.

GREY:FRNFF - Post Discussion

Feronia Inc > congo palm oil play
View:
Post by thedave2006 on Dec 22, 2015 3:15pm

congo palm oil play

great project, financing in place to revitalize an industry that has been there since early 1900s. good to see ravi sood as a director. ps. how profitable can this one get, then sp should move higher. cheers, dave.
Comment by Parenthetical on Dec 31, 2015 10:03am
Glad to see you are so sanguine Dave. This company has owned the asset for six years and are yet to show a profit. As for the directors take a look at Galane Gold (GG.v), shareholders there are like Third Class on the Titanic, few survivors.
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