FDM 0.00% 1.1¢ freedom oil and gas ltd

For what it is worth, I think your first set of numbers were...

  1. 3,656 Posts.
    lightbulb Created with Sketch. 608
    For what it is worth, I think your first set of numbers were close to the mark based on my reading of the graph and cross referencing with the text.

    This means about 6,000 boepd - with 3 wells to be added. So about $300,000 per day plus more with new wells. With full production this would become $350,000 daily or over $10m per month of revenue.

    I believe Porter made a comment about hoping to hit 6,000 plus boepd in the 2nd qtr. I think he wanted to under promise on this. I am sure this will be achieved as a run rate during the quarter, not necessarily an average for the quarter.
 
watchlist Created with Sketch. Add FDM (ASX) to my watchlist

Currently unlisted public company.

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