Ann: Appendix 4D and Half Year Report, page-44

Further info on Morgans price target. Love the first sentence;

"Maintaining Add rating, A$0.53 TP
The surge in SXY production is hard to reconcile with its flat share price, with SXY being
one of few independent gas producers capable of offering firm gas supply and the
company’s earnings growth profile looking strong through FY23. We view this as offering
an opportune time to increase positions in SXY, and maintain our Add rating with a revised
target price of A$0.53 (was A$0.52). The key risk to our call is execution risk. After the
result we have: 1) lifted our Roma North production 15%/10% for FY20/FY21, 2) flushed
through lower oil prices (cut 5-7% 2020/21), and 3) increased D&A. "