HZN 2.50% 19.5¢ horizon oil limited

Smell the coffee,,,, page-80

  1. 342 Posts.
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    The chairmen does not believe in making announcements just for the sake of trying to boost the share price.
    He believes that our fundamentals are sound and that the CEO has done a good job in refinancing, debt restructuring and hedging, cost deductions, except CEO own salary.

    So do not expect them to state the obvious about the company to those who are stupid enough to sell. If I had more I would be buying. This time next year the debt will be down to around 110 and we should still have 60 in the bank and the extra 50 million for development of png if that happens quickly.
    Even as we are getting smashed remember we are still making money.

    have a great weekend and try and keep the faith.
 
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