HZN 2.70% 18.0¢ horizon oil limited

Enterprise Value/brl 2P reserves, page-16

  1. 8,895 Posts.
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    "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
 
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18.5¢ 18.5¢ 17.5¢ $218.3K 1.216M

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18.0¢ 130646 2
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