FDM freedom oil and gas ltd

market manipulation, page-9

  1. 700 Posts.
    I just keep in mind that MAD still has over a dollar in oil reserves per, and are well into progressing the conversion of that big reserve into a big revenue stream. The recent falls of oil price to around 80 bucks before rebounding will hit the revenue of this quarter a bit, I'd expect us to be around cashflow breakeven by the end of this quarter on a month by month basis. By next quarter we should be well into cashflow positive territory, and here imo is where the big gains will come. Happy to sit for another year or longer even in MAD, everything is lining up and each day that passes by MAD shares are with just a little bit more.

    JM.
 
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