Talisan Loving your posts I think Mr young is dreaming if he attributes 42 dollars usd per barrel or oil from Beibu and Maari . Beibu delivers about 45 gross profit so when you do a DCF on that 42 seems unrealistic
Maari reserves at 42 is just insane - margins are much much lower and development drilling to sustain production high
A more realistic figure would be Beibu reserves at 25 and Maari at 15 Even cooper basin oil with low opex, onshore and sold at Tapis doesn't get valued at 45 . 25-30 is the usual range .
I think HZN will ultimately go for about 50-55 as I think the gas asset are long term strategic acquisitions that will be sold for a premium . I also think the other assets have Maari and Beibu have natural homes in OMV and ROC so they too should be sold fairly but 315 for HZNs share of Beibu is a joke
HZN Price at posting:
37.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)