HZN 0.00% 20.0¢ horizon oil limited

given that hzn wil be further seen as a cash cow...maybe 30...

  1. ces
    402 Posts.
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    given that hzn wil be further seen as a cash cow...maybe 30 cents might become a realistic takeover offer,...especially if we can convert more probables ..into reserves...failing that interest,,we'll get it via capital repayments?..(more likely)....there's a very clear successful end game to this......prove up reserves within existing licences...selling into a rising market...and above all ..capital repayments to the shareholders...me thinks there's at least 8 years to extract all reserves....annual payments of 4 cents a year times 8...32 cents.(i'm very aware that i make comments that are unsupported...but we should seek that as a realistic outcome..we all entered into this junior explorer for some blue sky...in my mind this is our only path ...i'm sure there's a lot of shareholders are in agreement...(yes,including samuel terry?)
 
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3 51000 20.5¢
 

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