Ann: HZN commencement of WZ12-8E drilling programme, page-17

I relistened to HY CC a couple of night ago
in last 4 years were oil average around 65 dollars USD , HZN generated about 200m AUD in cash flow .
today with March quarter cash the EV would be circa 150 m AUD and oil is over 100 USD . Unbelievable that people can’t see how cheap this is and they are selling at 12 c
had to top up again . I note this new field has a production licence until 2030 so any additional reserve additions will keep cash going for lot longer.
Quarterly will tell the story and production about to jump . Add to this the stepped change in production and one should be able to see huge value