Certainly an interesting game to be played in the foreland basin re gas aggregation. There seem to be a lot of players, some big and some very small. Not normally how big multi-billion $ projects get going unless the small ones are taken out, but Talisman seems to have limited enthusiasm for that and probably lacks the financial firepower at the moment.
Personally I like PRL4 PRL 21 and the immediately surrounding acreage as I think if a pipeline is installed from P'nyang to Juha (my expectation) these fields will be able to take advantage of it. I also like the state back in as I think it will help to drive a reasonable gas price from the fields (assuming it is all sold under the same contract).
Volume certainly suggests you are right about people liking HZN.
pressures, page-24
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $316.4M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 19.0¢ | $34.82K | 179.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 787943 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 779309 | 7 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| HZN (ASX) Chart |