Good Presentation and hope it gets better from here. Good luck to all holders.
KEY TAKEAWAYS28✓ Beach is ahead of schedule and delivering on its promises to:▪ Grow production (30 – 36 MMboe by FY23)▪ Achieve > 100% reserves replacement ratio▪ Maintain high ROCE (17 – 20%)▪ Generate significant free cash flows (>$2.6 billion cumulative from FY19 – FY23)✓ Our gas business provides Beach with a strong revenue foundation✓ Beach is ahead of schedule in reducing costs and improving reliability✓ Rigs secured to accelerate Cooper Basin drilling and unlock onshore & offshore Otway Basin potential✓ On track to be debt-free by the end of Q3 FY19, enhancing our resilience and balance sheet flexibility
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