FDM 0.00% 1.1¢ freedom oil and gas ltd

Adriano "Oil companies reserves, aren't based on whether the...

  1. 3,701 Posts.
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    Adriano
    "Oil companies reserves, aren't based on whether the company is going to make money, they are based on whether the company can extract them."

    You just claimed I knew nothing about Oil company reserves and you write this.

    Well all I can say is if profitabilty plays no part in the reserves calculation then by default calculating reserves is pointless.

 
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