HZN 7.50% 21.5¢ horizon oil limited

Ann: Part sale of PNG assets for US$60 million , page-9

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 13,980 Posts.
    lightbulb Created with Sketch. 1053
    re: Ann: Part sale of PNG assets for US$60 mi... Shrewdie,

    They've done the right thing, and this time they've got a more credible partner and half the cash already in the bank. If their partners input helps them get stripping at Stanley off the ground in an expedient manner, then they have won a great prize. Their talk about reusing most of Stanley FEED work for Elevala does not instil confidence in me that they have what it would take to successfully go it alone. Project execution of that nature takes a lot more than a company like HZN can generally muster the skills for.

    NOW, they are financially derisked, at least until they need funds for Beibu.

    EL
 
watchlist Created with Sketch. Add HZN (ASX) to my watchlist
(20min delay)
Last
21.5¢
Change
0.015(7.50%)
Mkt cap ! $349.4M
Open High Low Value Volume
21.0¢ 21.5¢ 20.5¢ $852.7K 4.032M

Buyers (Bids)

No. Vol. Price($)
6 273414 21.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 1407682 11
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
HZN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.