FDM freedom oil and gas ltd
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100m barrels of P1 reserves say at $10-15 value per barrel....

  1. AimForSimon
    7,523 Posts.
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    25/01/13
    14:20
    Post #: 11335969
    100m barrels of P1 reserves say at $10-15 value per barrel. Gives us $1 to $1.5b. $290m market cap with $60m of cash. Average analyst valuation $2.40

    All we need now is a few holes in ground and $2 will be easy.

    FDM Price at posting: 65.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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