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16.5¢ sundance energy australia limited

Ann: Quarterly Activities and Cashflow Report, page-38

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Rabsie

525 Posts.

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01/05/19

10:00

Post #: 38346395
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Originally posted by tt2000: ↑

I will need to revise mine (as mine are inclusive of Dimmit)...

On another note, in 2018 production = sales (except for gas due to the capacity constraint) - as per first image.

The second image shows a gap between average net production and sales of 1,500 to 2,000 boepd due to the capacity constraint now resolved.

But the 2019 full year guidance still shows a gap between net production and sales of 1,500 boepd - I am struggling to understand why this continues given the capacity fix last month. @cmonaussie @moremoneyplease do you think SEA have just incorrectly reduced 2019 by more than should be.
If the 1,500 only impacts one quarter,
the annual impact is 25% - 600 boepd reduction.
Surely the average sales in 2019 should actually be
14,900 - 16,400?
(No wonder the market didn't like the release of this particular announcement - they have the bottleneck continuing into perpetuity)
View attachment 1534735 View attachment 1534738

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does that translate to a price target ?
love the work, just drowning in numbers with this oil & gas.

SEA Price at posting: 47.0¢ Sentiment: Buy Disclosure: Held
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