FDM freedom oil and gas ltd
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question

  1. seboya
    456 Posts.
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    29/08/12
    09:46
    Post #: 10638507
    What would you value a company which had the exact same attributes as MAD (low costs, +WTI premium, own rig fleet, working in "own patch", etc, etc), but with:
    - 150 million barrels 1P reserves
    - 300 million barrels 1P reserves
    - 2,500 bopd production
    - 450million shares on issue.

    There's a question behind this question, obviously.
    FDM Price at posting: $1.21 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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