FDM 0.00% 1.1¢ freedom oil and gas ltd

september production report, page-7

  1. 63 Posts.
    Based on the latest report revenue for next year will be at least $25 million. (22111 barrels a month at $95 a barrel)
    With only slight increases in production MAD will get $30 million in revenue for the year easily, which will be nearly a 200% increase on this years revenue. The September quarterly will come out soon so hopefully that will give us an idea of the cash on hand and how soon MAD can increase to drilling 4 or 5 wells a month. Good luck to all holders.
 
watchlist Created with Sketch. Add FDM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.