All they could go harder now , bring back cash to zero and use cash flow and debt to pay for things like development drilling. I think past expenses will be paid by cash ( 8E for example ) but development drilling, maari sinking fund etc ) can be easily funded via cash flow.
After infill drilling program I imagine there won’t much capex for 6 months. Next lot would probably come with phase 2 of 8E field likely in CY 23
Ann: Commencement of WZ6-12 Workover and Drilling Programme, page-6
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add HZN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $316.4M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.3¢ | 19.5¢ | $164.9K | 829.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1746246 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 175041 | 6 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| HZN (ASX) Chart |