HZN 0.00% 21.5¢ horizon oil limited

Net cash in Jan 65 m AUD end of March over 100 m AUD 25 m uSD...

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  1. 20,492 Posts.
    lightbulb Created with Sketch. 2037
    Net cash in Jan 65 m AUD
    end of March over 100 m AUD
    25 m uSD
    plus 10.4 m USD received early Jan
    plus 11 m USD maari lifting in Jan

    all cylinders firing . Maari lifting , Beibu near 20k per day . Another 40 m AUD cash flow this quarter

    on these numbers I think the Feb divi payable in March /April will be 2c could even be 2.5 . Capacity to even pay 3c but I think they want to keep a reasonable cash balance
 
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