FDM 0.00% 1.1¢ freedom oil and gas ltd

2013 - rise of the mad

  1. 103 Posts.
    Guys,
    I jumped out and felt terrible at 95 cents.
    Since then I've been looking for the charts to turn and i think it's nearly time.

    Based on my observations the next 120 days will include;
    1) December - transfer of funds from Gulf
    2) robust drilling plan
    3) update on all wells with between 700-800 BPD in December
    4) 1000 BPD by the end of Q1 with Gulf
    5) the X factor will be high impact wells.

    Bottom line is the companies involved know a lot more about the daily operations than we do and wouldn't of wasted thousands of man hours sorting out a JV without real belief in what is happening.

    ASX200 also means very high exposure with large investors so a few solid reports will cause a rapid recovery.

    IMO we we will see the chart turn quickly from January and be back over 1.50 by mid 2013. I will rebuy heavily at anything under 70 cents
 
watchlist Created with Sketch. Add FDM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.