HZN horizon oil limited

Developing PNG assets

  1. 3,205 Posts.
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    I have read various reports about the estimates to develop HZN's PNG assets and am a little confused as they vary materially.

    We know that an FID will result in HZN banking USD$130M. On top of that, how many $s do HZN need to find? Does anyone has a good control of that?

    A much larger scale HZN could easily carry $200m in debt. CRs are off the table now but when the SP moves closer to true value a CR is also an option that will not dilute the daylights out of existing shareholders.
 
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(20min delay)
Last
18.3¢
Change
-0.003(1.35%)
Mkt cap ! $296.6M
Open High Low Value Volume
18.0¢ 18.5¢ 18.0¢ $74.60K 413.2K

Buyers (Bids)

No. Vol. Price($)
58 3631347 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 1116725 29
View Market Depth
Last trade - 12.11pm 19/05/2025 (20 minute delay) ?
HZN (ASX) Chart
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