FDM
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0.00% 1.1¢ freedom oil and gas ltd

Ann: Trading Halt, page-8

  1. basil15
    29 Posts.
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    06/08/19
    11:15
    Post #: 39879992
    Cash on hand at 31 March 2019 is US$4.1 million
    Q2 Revenue 93,515*64.49 (oil)+523,498*3.03 (gas)=US$7.6 million
    Q2 Oil and gas development expenditures = US$4.5 million
    Cash on hand at 30 June 2019 is US $1.5 million

    Maybe I am calculating something wrong but where did US$5.7 million go?
    FDM Price at posting: 1.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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