FDM 0.00% 1.1¢ freedom oil and gas ltd

nice increase to monthly production, page-5

  1. 691 Posts.
    lightbulb Created with Sketch. 116
    Quarter in days (april,may,june) = 91
    55971/91 = 615 BOPD.

    On the Nov ann pg18. - stated 165k net per 100 bopd per month

    http://www.hotcopper.com.au/asx_announcements.asp?id=239317

    165k x 6.15 x 3 (months) = 3.044 mil

    Forecast costs for the quarter = ~5.3 mil

    I thought they were much closer to being cash positive, thanks for bringing it to my attention boysy.
 
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