HZN 5.71% 18.5¢ horizon oil limited

Curious why you see the debt facility as risky, can you...

  1. 67 Posts.
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    Curious why you see the debt facility as risky, can you elaborate? Worst case, even if zero revenue from Mereenie, HZN could pay approx 80% of the headline consideration from one quarter's trailing FCF from existing assets. Debt facility offers flexibility and scope for continued distributions to SHers. What am I missing?
 
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17.5¢ 18.5¢ 17.5¢ $611.4K 3.346M

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19.0¢ 462009 8
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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