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2,558 Posts.
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30/04/19
21:44
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the one thing i not convinced abt yet is the capital spend and whether thats going to be 150 or below (which is guidance)
Already spent a big chunk in Q1 - so to me thats the key item to watch - i know we can do 24wells x 6m = 144 but not convinced thats the reality
look at the capex in 2018 for same number of wells - so there going to need to be some savings.
What do u think TT - can they meet the capex budget.
they need to generate 30m in cash in 9 months to bring net debt back - will be close I say. Lets hope oil stays elevated
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