The other support to the decent H1 result will be the POO rising from the low of $43 in July last year to more than $75 now. I agree that the H1 will be a nice result, and H2 will have Wheatstone train 2 coming on as well. WPL will have the cash to progress the CAPEX (from both cap raising and FCF), so the bal sheet will not be stretched.
HT1
WPL Price at posting:
$32.32 Sentiment: Buy Disclosure: Held