Yeah, he wouldn't knowingly be deceptive.
We'll see how his near term forecast goes in Dec 2016.
From the FY Results Preso
" Refinancing arrangements will continue the progressive reduction of HZN’s gross debt in 2014 (after completion of the Block 22/12 development) of approximately US$240 million to a forecast net debt position of approximately US$120 million by calendar year end. "
Once again, based on what oil price received ?
Forecast would be more useful if it included that.
Anyway, it looks achievable at current poo ~USD45+
Where to from here...., page-87
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