HDR hardman resources limited

finance, page-53

  1. 1,154 Posts.
    re: finance update - geos & hardmano The govt buying in will effect the financing.

    It will mean that HDR own less so the amount of the loan needed will be less, revenue figures will be altered, amount of oil hedged will be less, etc. However they have known about the govt buy in for some time now and the changes will hopefully have been incorporated in the docs by now.

    The timing I was told was 2 weeks. This I assume includes the time needed to make changes due to the govt buy in.

    G
 
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