FDM
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0.00% 1.1¢ freedom oil and gas ltd

renewing the faith on mad, page-19

  1. tui
    6,100 Posts.
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    14/06/12
    16:30
    Post #: 10304965
    Sorry guys,
    Forgot about operating costs.( Just took basic operating costs from Quarterley ). Let's say they break even at $40/bbl. And sell for $90/bbl . i.e a $50 /bbl margin.

    Dividend now is more like 8 cents per share per annum. Still a fantastic result.
    FDM Price at posting: $1.03 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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