FDM 0.00% 1.1¢ freedom oil and gas ltd

major joint development project ... announceme, page-73

  1. 11,400 Posts.
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    Sorry stock rocker mine wasn't a cumulative per year, mine was an end of year 3 result.

    It's fairly conservative in nature except for the bopd, in that its probably optimistic. It doesn't include any of mads other ventures either so as some say this stock could be far higher.

    It also relies on the share price being dependant on production which currently we are at a huge premium on production due to reserves , potential and management, so I'd like to say this will be far higher in 3 years also, but I'll stick with mine as while it is conservative, it shows even if this stock has bad luck with high impact wells and additional acreage, mad could earn you between 14 and 33% on initial investment per year..

    That's huge for a comparatively low risk stock..
 
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