HZN 2.50% 20.5¢ horizon oil limited

POO, page-4

  1. 15,219 Posts.
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    it might seem contradictory but i'm reasonably happy with the PoO being lower with the US market volatility. We need time to foster our PNG plans and we don't want a lot of shale oil and gas being developed in the US and elsewhere on the expectation of $70+ US oil price or super profits.
    Sure there PoO can go there but after we get the decisison to build and financing.
 
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