FDM 0.00% 1.1¢ freedom oil and gas ltd

Ann: December 2014 Quarterly Report, page-15

  1. 2,257 Posts.
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    Sorry mate, give me some credit. For starters I have a hold recommendation not a buy (not that my sentiment matters). Secondly, be assured that desperate I am not. If MAD tanks and I lose my investment, well so be it. It's just that I'm seeing a different beast to you at the moment, albeit with some frustrations (which I've documented). But as I've said before and will say again, I too have been critical of pass decisions and comments made by company personnel, Yeager included. I'm more than happy to be sound asleep. The good thing, Nando, is that you have nothing to worry about because you have no exposures to the company and therefore cannot lose money. Again, I re-affirm that desperate I am not. Not for a moment do I think that a post of Hotcopper will change sentiment. For the record, I still have confidence that Wells & Fargo have the ability to perform due diligence before making lots of funds available to MAD at basically close to zero rate of interest. Which tells me one of two things - yeager is either a master bullshit artist that he has Wells & Fargo truly bluffed or that the bloke has some credibility and he was able to sell a compelling story to be able to gain access to substantial funds at amazingly low rates of interest. I believe the latter. Over and out.
 
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