AWE 0.00% 94.0¢ awe limited

Well PoO determines the value of the Indonesian prospect - I...

  1. 2,211 Posts.
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    Well PoO determines the value of the Indonesian prospect - I believe by the time decisions are made it will be viable.
    Gas prices on east and west coasts of Australia also a factor in AWE's valuation presumably.
    The big question for me is that given the stated fact that liabilities due within the next 12 months exceed short term assets available we need positive cashflow.
    Presumably this would come from bass gas which has been sucking up capex with a half life refurbishment.
    This is a useful relevant question, the long term value a no-brainer if it can plow through the next year or two.
    Last edited by croasian: 10/05/17
 
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