Cash: US$77m(post-acquisition) Debt: US$250m(post-acquisition)...

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    Cash: US$77m(post-acquisition)
    Debt: US$250m(post-acquisition)
    Net debt: US$173m(post-acquisition)

    Net debt US$173m, comparing with EBITDA of US$250m p.a at crude oil price US$56/barrel, is not huge. Reserve has already been approved, it's onshore.

    At today's oil price of US$68/barrel, EBITDA would be around US$345m.

    The underwritters dump won't take long, imo.
 
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Last
$2.16
Change
0.020(0.93%)
Mkt cap ! $119.9M
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Price($) Vol.
$2.19 76
Last trade - 14.25pm 29/07/2026 (20 minute delay) ?
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