STO 1.49% $6.82 santos limited

NABTRADE interview KG, page-5

  1. klu
    551 Posts.
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    Thanks, Kkr,

    So, it is easily doable to reduce the net debt to below 2b by the end of Q2. In the video, KG said for every $10 above its breakeven price $40, STO will make $250m - $300m FCF p.a. The average poo for Q1 is over $65, let's 65 for H1, then it's easy to have a H1 FCF of $300m.

    $300m (FCF) + $$350m (sale) = $650m. The net debt will be 1.95b by the end of Q2
    Last edited by klu: 06/03/18
 
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