A lot of recent hard to explain events . I wouldn't worry about...

A lot of recent hard to explain events .

I wouldn't worry about oil prices staying at this level

I would worry about getting finance to buy Denbury's shares.

What puzzles me is that everything turned when they took Denbury to court.

Are Denbury locked into an investment path they are compelled to complete ?

If so they may seek relief from this path with a discounted sale . It's logical to assume that Elk have a strong contractual commitment . .

Has anyone got a factual estimate on the remaining capex requirement ?

There is some kind of angle here that we are all missing . A very well credentialed CEO jumps in with both feet like its the opportunity of a lifetime ?

I'm a long term holder that's only bought below 0.10 , so I'm sitting slightly above even with just under 2m shares.

The math doesn't work for a 10 bagger , but 0.30-40 cents isn't out of the question.

Can Denbury be forced to fold it's cards at a major loss because it's unwilling or unable to continue to invest capex ?

Events suggest something like this is unfolding

Even under water injection 2017 isn't far away