HZN 0.00% 20.0¢ horizon oil limited

Ann: Elevala and Ketu fields PRL 21 PNG, page-15

  1. 10,075 Posts.
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    Bottom line is that PNG is NOT given any value in the current share price and the company is significantly undervalued based on non PNG assets. Our Chinese production will get the green light for further expansion this year. Horizon is not a sell.

    The current share price is underwritten to 15c by the producing assets.

 
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