re: Ann: Quarterly Activities and Cashflow Re... Ash Creek looks like a giant dud. Every quarter the receipts from sale of oil is substantially less than the production costs.
$726,000 in admin costs. Every quarter the company will need to raise a million dollars to get by. Meanwhile every quarter Grieve gets pushed out and the debt to Denbury gets bigger.
No more talk of pipe sale either. Pipe dream ?
re: Ann: Quarterly Activities and Cashflow Re... Ash Creek looks...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
