HZN
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5.26% 20.0¢ horizon oil limited

Enterprise Value/brl 2P reserves, page-16

  1. ronstieb
    8,941 Posts.
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    24/06/15
    11:19
    Post #: 15520147
    "It's drives home the point that a schedule for returns vs expenditure is critical in this market."

    Very true.
    A timeline to monetisation of the PNG assets would be a sobering read, hence its omission from the 22-06-15 preso.
    The value is there, but it will require a takeover or asset sale to realise it in the short term
    HZN Price at posting: 8.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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