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0.00% 1.1¢ freedom oil and gas ltd

morgans report of 14/4 on website, page-86

  1. pcaruso.
    2,257 Posts.
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    30/04/14
    15:40
    Post #: 13304946
    The issue Neilie is that future production cannot be estimated with any confidence. Will it be down again for the June Quarter? 2,000 bopd seems like a dream at present. Interestingly, the price premium for their oil (over WTI) appears to have evaporated. Whereas they were typically getting around 8-10% above WTI, they now appear to getting around the WTI price. Does anyone have an explanation for this? What am I missing?
    FDM Price at posting: 27.7¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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