FDM freedom oil and gas ltd

Paul100, moving forward and after allowing for the massive write...

  1. 2,257 Posts.
    lightbulb Created with Sketch. 409
    Paul100, moving forward and after allowing for the massive write down as you predicted and is highlighted in the announcement, how much profit could MAD make per barrel of oil produced ? He's literally stripped out 60% of the workforce and will be very focussed with drilling and production. If they're getting around $US98-100/barrel, is it possible generate a profit and even cash flow of at least $US25-30 per barrel? Any thoughts?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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