The way they loan structured the deal means they still have positive production income to fund further drilling at their Chinese and New Zealand projects as well as payout a dividend stream .
We will see at the AGM what balance of payouts to share holders and funds held for new projects will prevail .
Energy prices will have a big bearing on how much of the cash on the balance sheet they are prepared to payout to share holders too .
The industry is unloved by both investors and lenders so they may find some project with compelling financials that they invest in , which of course would cut back on their payouts to share holders .
The way they loan structured the deal means they still have...
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Last
20.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $333.1M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 20.0¢ | $89.11K | 442.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 416671 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 369521 | 4 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| HZN (ASX) Chart |