FDM 0.00% 1.1¢ freedom oil and gas ltd

september production report, page-8

  1. 166 Posts.
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    Nothing is guaranteed, however it does look like MAD is trying it's best to do all the right things. Increasing production = increasing money = increasing drilling of wells = increase in even more money etc. It's a snowball effect. Once it gathers momentum, it will generate more and more cashflow, which will hopefully mean they can drill without too much financial struggle on all their holdings (Boling Dome, Nash etc). Imagine the bopd figures if they do that! Let's not forget about that new discovery announcement they made a month or two ago which could influence their reserves. Anything can happen so we should all try and remain realistic, however it's good to be in a company you believe in.

    Also, nicer volume going through today as well :)
 
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