BPT 2.59% $1.13 beach energy limited

Ann: 2018 AGM addresses and presentation, page-10

  1. 726 Posts.
    lightbulb Created with Sketch. 25
    Has anyone actually read the Assumptions in the report?
    US$74.25 a barrel!....... last time I checked it was around US$62
    .77 USD/AUS!.....last time I checked it was .72
    Cash balance 311 million
    Capex 2019 = 520 million
    Cash flow for 2019 is grossly overstated
    Sale of otway will bring in 344 million but that's not until Q3 19 and that's a big IF
    Price of Oil at 8 month lows
    If oil continues to slide BPT will go along with it, plain and simple.
 
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