HZN 0.00% 20.5¢ horizon oil limited

POO, page-4

  1. 15,219 Posts.
    lightbulb Created with Sketch. 1343
    it might seem contradictory but i'm reasonably happy with the PoO being lower with the US market volatility. We need time to foster our PNG plans and we don't want a lot of shale oil and gas being developed in the US and elsewhere on the expectation of $70+ US oil price or super profits.
    Sure there PoO can go there but after we get the decisison to build and financing.
 
watchlist Created with Sketch. Add HZN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.