EV 175. Quarterly cash flow of 38- 39 m

Guys
did a simple calc and concluded cash flow this quarter maybe as high as 40m AUD
here are my calcs which I think are accurate .
The operational cash flow margin last quarter was 75.5%
Although hedging settlements will have close to no impact , I have offset that increase in cash flow with higher tax for the special oil levy keeping assuming margins stay the same

production I estimate at 350000 and Brent at 107 therefore 37.5 m USD X 75.5% margin equals 28.27 usd operational cash flow divided by 71 AUD is 39.8 m AUD

now beibu might in fact produce more. How often do you see a business generating operational cash flow equal to 23% of its EV in a quarter!! Answer - rarely, and this is why HZN price will break out soon . As early as this week