FDM freedom oil and gas ltd
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quarterly reaffirms my bearish view, page-6

  1. Everest2011
    257 Posts.
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    31/07/13
    00:06
    Post #: 12132046
    Tommy I take your point but what isn't clear to me is whether or not the AUD deposits were previously included in the reported cash balance or not. Either way the cash hole is worrying in light of the steadily increasing production rates - makes it very difficult to justify a +$200m market cap in my opinion.
    FDM Price at posting: 40.0¢ Sentiment: LT Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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