The way i see it, is how forward looking is the market going to be with DCN ?
Drilling success should secure the future and expand LOM. In the short term, that capex hurdle of 55m + 60k odd hedge book is what is weighing it down. Plus no certainty of LOM.
FY22-23 will produce at current prices, 200m FCF, if you get the additional LOM 2-3yrs+ looks very cheap.
Ann: Investor Presentation - November 2020, page-4
-
- There are more pages in this discussion • 63 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)