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0.00% 1.4¢ elk petroleum limited

Grieve economics

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  1. exElkgeol
    1 Posts.
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    28/08/18
    08:23
    Post #: 35222102
    A major challenge for Grieve economics are Denbury's massive Capex investments made very early in the project, and continuing at a lower level to present. These were made with the expectation of several MBOPD starting two or so years ago. Considering the time-value of money, the project will have a difficult time paying out.
    ELK Price at posting: 6.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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