All true , but without any hedging they have taken on a big risk with currency and commodity price.
I am surprised their lenders did not insist on some sort of hedging to mitigate risk.
Current production Guidedance is 57 to 64 mmboe , which is not al that much more than what the are currently producing.
The price they are receiving is also probably going to be a lot lower.
Hope for your sake the Price of Oil starts moving north.
bottom?, page-76
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.44 |
Change
-0.005(0.07%) |
Mkt cap ! $24.21B | |||
| Open | High | Low | Value | Volume |
| $7.45 | $7.49 | $7.38 | $24.46M | 3.282M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 25250 | $7.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.44 | 10922 | 9 |
View Market Depth
| Last trade - 10.53am 23/08/2024 (20 minute delay) ? |
| STO (ASX) Chart |