FDM 0.00% 1.1¢ freedom oil and gas ltd

Hi Burner, I hope your prediction of 800 BOPD is close to the...

  1. 167 Posts.
    Hi Burner, I hope your prediction of 800 BOPD is close to the mark. I think it will be worse than last qauter. I'm predicting closer to 600 BOPD (or less) and the I don't think the market will like that at all. The reason I think this is because one of their announcments mentions production was effected due to bad weather. I have sold out and will hop back in once the production results come out. I expect the SP to be smashed when this announcment comes out. The fact that they have held out on this announcment can only mean poor production results. No doubt they will try to put some positive spin in the announcment. All too late I feel.

    Cheers,
    Nando
 
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