ELK
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0.00% 1.4¢ elk petroleum limited

Am I getting this right? 2.6mill. barrels for 2018 (@ $60US =...

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  1. J.W.Pepper
    3,743 Posts.
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    16/03/18
    09:50
    Post #: 31797766
    Am I getting this right?
    2.6mill. barrels for 2018 (@ $60US = $156 mill)
    cost per barrel $19.50 US = $51 mill.
    plus cap.ex. $7.7 mill for the year
    = Profit $97 mill.?
    nah can't be that good @ this price surely?
    ELK Price at posting: 9.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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