COE 6.82% 23.5¢ cooper energy limited

Ann: Cooper Energy H1 FY24 results presentation, page-11

  1. 200 Posts.
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    Am i safe to assume that the Debt facility is solely for the BMG wells decommissioning activity, of which 60 million was drawn during this period for?

    Yet Net Debt increased by only $35 million - roughly aligning with increased cash in bank.

    Most of the production gains not evident until the next quarterly as they seem to be in Jan/FEB 24

    I think everyone can correctly feel exhausted with COE but the next 2 qtrs have the potential to wrestle back control of the steering wheel.

    Good luck all
 
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