HZN 2.50% 19.5¢ horizon oil limited

Interestingly - HZN paid out 70% of operational cash flow last...

  1. 20,474 Posts.
    lightbulb Created with Sketch. 2023
    Interestingly - HZN paid out 70% of operational cash flow last FY. With cash flow running significantly higher this year based on high oil price much higher production I estimate 5c likely . That’s at 36% yield on 14c

    this still assumes some left over in cash. Interestingly someone mentioned that projected cash to grow to
    226m usd over 4 years ! That is more than 50% above current market cap and 60% on an EV basis !

    Easy and safe 40-50% to be made over next 2 years IMO
 
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