HDR hardman resources limited

Acamus, are you sure your not related to Potter - you can never...

  1. 211 Posts.
    Acamus, are you sure your not related to Potter - you can never see anything positive.

    1. Ching was budgeted at 75,000 bopd at I think $42 per barrell. The increase in poo has somewhat ameliorated the fall in production.

    2. If we are down to 26,000 bopd - that should give Hardman around $A50 million of revenue - I am a loss to see where you get Hardman earning $36,000 per day. Get real.

    3. If more cash is needed to fund other activities, there are a range of options available like selling an interest in something else - e.g. Mauri gas.

    Hardman may not have enough cash to do everything it could do - but it certainly has enough cash and income to do what it must to grow and prosper.

    I don't think the problem is cash, its b*lls.

 
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