FDM 0.00% 1.1¢ freedom oil and gas ltd

One would need to be an expert in reading between the lines to...

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    One would need to be an expert in reading between the lines to take much from this, so Padock is probably close to the mark.
    The way that a potential sale of Dimmit is phrased may be the most significant item: "as a way to eliminate leverage and provide capital for our growth plans." To eliminate leverage would seem to mean paying off both WF and Ramas. I have no idea what Dimmit might fetch in a forced sale but that would (I think) trigger the Ramas repayment, so the proceeds would have to exceed the debts or else the Company would be insolvent.
    So I assume that the threat of a near-term sale is as much a bargaining chip as it is a real intention or a last resort.
 
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Currently unlisted public company.

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