HDR hardman resources limited

HDR, page-2

  1. 2,721 Posts.
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    Yeah it might be time soon .455 looks like a brick wall that is getting thicker, still about 2 weeks to go. Anyone given any thought to the fact Banda is w/i 25 k tieback limit to Ching.All they have said so far is that Ching is now definitely stand alone.Doesnt mean Banda wont be tied in. Consider the NPV of that combined development. If ching is 180 and Banda is 100 and using a tieback HDR is no brainer for easy $1 off that oil value. HDR's next statement on Ching reserves and plans for Banda is critical. If the market likes it, it could put a really nice floor under the price. If it doesnt like it, oh well. Any views on this.
 
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