FDM 0.00% 1.1¢ freedom oil and gas ltd

rbs analyst price target $1.23, page-7

  1. 240 Posts.
    they have attributed 97c ps for the original 1600 acres on blue ridge !
    I just cannot see anymore upside left in this I think I might sell !LOL:) you cannot be serious!
    Has the old buy the rumor sell the fact got people worried there's not much upside left in MAD?
    Maybe I've gone MAD?

    Blue ridge has now more than doubled to about 3600 acres,Nash and boling are 2700 &4500 acres respectively.

    I see 9200 acres of low risk leases in PROVEN oil fields on or similar to blue ridge dome that is consistent with MAD's statergy !

    The question is how much will MAD increase current reserves by?
    Remembering blue ridge QUADRUPLED 1p and TRIPPLED 2 p reserves last time it more than doubled there blue ridge acres from 850 - 1700.
    Hmmmm not much upside here that I can see.lol!

    Adding to this Production up to 1500 -2000bopd by June .
    Very exciting times ahead for LT holders.

    these guys have continued to impress ,very pleased to see it hit $1 but I think I'll sit back and watch as we roll towards $2.
    IMO its only a matter of time

    GL LT,s





 
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