ELK 0.00% 1.4¢ elk petroleum limited

Ann: Grieve Update - Presentation by Denbury , page-6

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  1. 1,723 Posts.
    binbin and hectobar

    2 things come to mind.

    1. Could the investment be precautionary; just in case the environment approval is not forthcoming.

    and

    2. They have cash for about a year. If all things go OK till then, no one will worry too much about a further CR; and other options may be available.
 
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