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Ann: Trading Halt, page-38

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  1. 6,312 Posts.
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    end FY 2020 (so June 30 2020) is only 2 years away.

    On the plus side ... 18 months of Sole production plus a clearer view of Otway value prop (and how much capital needed)

    On the minus side ... staring at Manta (assuming no Farmout) Capex of>$100M (IMO) and the riches it will also bring (after being derisked).

    I think we would still be under $1 by June 30, 2020 (WAG of $0.80) but staring at maybe a double from there in 2 more years ... all dependent primarily on what occurs with Manta ownership and development.
 
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