Hey Mal, ...Isn't it strange the a few analysts have over .40 and up to .55c as their target prices, YET we have struggled to get outta the 30's?
Surely this time we'll break out and with all these excellent results from the 2019 Financial Report,
Surat Basin developments.Strong FY19 operating performance•
Total production up 43% to 1.2 mmboe:
A near five-fold increase in Surat Basin gas production, with RomaNorth daily production exceeding 8 terajoules in the fourth quarter•
Sales revenue up 34% to $94 million•
Underlying EBITDAX up 49% to $39 million•
Strong cash flow generation with $45 million operating cashflow (FY18: $5 million).
Exceptional performance in Surat Basin project developments.
