Fremont works at aggressive cost cutting after $7.9M loss 

FREMONT Petroleum has released its half yearly report ending December 2017, and said a A$2 million placement has ‘significantly strengthened’ its finances. 

Fremont works at aggressive cost cutting after $7.9M loss  Fremont works at aggressive cost cutting after $7.9M loss  Fremont works at aggressive cost cutting after $7.9M loss  Fremont works at aggressive cost cutting after $7.9M loss  Fremont works at aggressive cost cutting after $7.9M loss 

Florence, Colorado

Fremont is working to produce a positive cash flow, thanks to ‘aggressive cost cutting'. 
 
However, its losses before tax hit just over $7.9 million, a significant rise on the $1.