FDM
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0.00% 1.1¢ freedom oil and gas ltd

***more quality acreage, drill baby drill, page-3

  1. dragon2001
    70 Posts.
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    15/04/11
    13:32
    Post #: 8272881
    FACT...MAD has the 5th largest 2P oil reserves on the ASX.

    Here is the key people...
    At current levels the company can selffund the drilling of 6 new wells per month (out of a portfolio of more than 400 drill sites), with each well expected to average 25 BOPD.

    MAD has a potential unrisked 2P reserves valuation for Blue Ridge ALONE at A$0.94/share.

    I topped up some more today...
    FDM Price at posting: 19.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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