HDR hardman resources limited

hdr sells eni-agip percentage, page-4

  1. trender2
    187 Posts.
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    19/02/04
    17:18
    Post #: 390591

    Can someone please post the announcement? I can't read the PDF sent to me.

    If entire Agip stake is sold for USD 132m, this is roughly 10% of Areas A&B or 55 m barrels of oil at USD2.3 per barrel.

    This looks to me to be a short term positive on HDR but way too cheap in my view.
    HDR Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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