They are worth a hell of a lot more than 10c :) so they bring forward and unlock cashflow by selling , one brockerage valuation had the NPV of grieve at 35c, so Denbury had a choice it offers a fair price or gets a JV partner with deeper pockets. Denbury have invested a hell of a lot in it for it to be worthless, so the pressure is back on Denbury
Ann: Elk puts Wyoming Assets up for sale , page-9
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