FDM
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0.00% 1.1¢ freedom oil and gas ltd

Thank you.Can these 1p reserves be classified under oil and gas...

  1. waterrat
    68 Posts.
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    11/07/12
    20:09
    Post #: 10422622
    Thank you.

    Can these 1p reserves be classified under oil and gas assets on the balance sheet? Or put another way,if it's been independently verified by expert company, can these 1p be classified as assets, although they are not coming out of the ground yet?

    And can you value a company by net asssets/number of shares as a best option?

    FDM Price at posting: $1.20 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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