Right - but they have some big projects coming up like AA Lumut in Indonesia
That probably wont pass FID at $40/bbl , but still spending doing appraisal
Also Waitsia development in Perth Basin needs money
AWE will still be drawing down lines of credit
So it will have debt but it will be manageable
Alternatively they could do a CR soon while their share price is relatively high
More likely IMO
Other Aussie Gas Juniors With Upside?, page-4
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)