HZN 0.00% 21.5¢ horizon oil limited

Ann: Quarterly Activities Report, page-24

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  1. 1,456 Posts.
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    volf,
    Your WZ12 $5m is more likely to be $8m or $9m.
    They may make a cash provision (keep cash in the bank) this year.
    Based on my detailed research, I concluded that they don't have to make a provision until mid-2023 at earliest'
    Regulations not finalised let alone then working with HZN to determine nature of security [most likely cash in our case].
    I think that the "need to provide" was promoted by the previous CEO. We will see.I am hopeful that they will not make a provision this year, but we will see.
    .

 
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