HZN 0.00% 18.5¢ horizon oil limited

Developing PNG assets

  1. 3,033 Posts.
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    I have read various reports about the estimates to develop HZN's PNG assets and am a little confused as they vary materially.

    We know that an FID will result in HZN banking USD$130M. On top of that, how many $s do HZN need to find? Does anyone has a good control of that?

    A much larger scale HZN could easily carry $200m in debt. CRs are off the table now but when the SP moves closer to true value a CR is also an option that will not dilute the daylights out of existing shareholders.
 
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