HZN 0.00% 18.5¢ horizon oil limited

Ann: PRLs 4 and 21 Talisman Mitsubishi transactio, page-2

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    re: Ann: PRLs 4 and 21 Talisman Mitsubishi tr... What a great announcement.

    By my calculation, the price paid by Mitsubishi to Talisman imputes a value of $330million to HZN shared of PRL 4 & 21.

    That almost covers all of HZN currents market cap. Mitsubishi would have done their due diligence, so hard to assume they paid over the odds.
 
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