FDM freedom oil and gas ltd

confirmation, page-5

  1. 1,364 Posts.
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    Exactly Ben, once you start getting 75 bopd results from fairway drilling then that really changes ROI equation.

    As for Motley Fool, my take is that they correctly called that MAD SP had got ahead of itself based on the companies production record so far. Correctly they suggested taking some off the table. Now production is on rise and company has increased driling capacity both in volume but also high impact they are back in at these prices.

    Someone else can do sums to check but if you are in for $10k at 20c and out at $1.30 and then back in at 60c and it gets to $1, you have $108k.

    I'm very interested in anything Motley says about MAD.
 
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