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H1 results are there in black and white ... and these have a negative effect on sp
But an analysis of the presentation tells us that H2 production is at @50% higher and cimmodity prices are also higher. Once this is more obvious to the market, and Tolmount comes on line after years of delay, yiubare looking at annual FCF greater than $2bn for 2022
Thatvwill double the SP in 2022 imo
DYOR
FCF was over $500m if we take out the tax payment
That's on production of 150k boepd
Now production is 210k boepd
Then add 20-25k boepd Tolmount gas in 2022 - all UNHEDGED
My take is that end of 2021 net debt will be less than $2bn And 2022 FCF will be $2bn plus
DYOR