As a long term holder of HZN I am feeling somewhat better.
1) The Maari well is an appraisal well so finding more than was anticipated in the higher formation is extra good.
2) The Tunisian well may range from nothing to very good indeed.
3) the fact that HZN has not diluted their share of Bosavi yet turns this into a "monster from beneath the black lagoon play". If it is a duster than HZN will write off up to Aussie dollars $5,000,000. If it comes in then
HZN will go berserk. Remember this is a dinki di wildcat
and that the probability of success is therefore 10 -15 %. Hopefully they will do a farmout while the well is being drilled.
As a long term holder of HZN I am feeling somewhat better.1) The...
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Last
21.5¢ |
Change
0.015(7.50%) |
Mkt cap ! $349.4M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.5¢ | $852.7K | 4.032M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 273414 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 1407682 | 11 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| HZN (ASX) Chart |