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ELK PETROLEUM LIMITED (ASX:ELK) - Status of existing oil contract hedges, page-15 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
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Status of existing oil contract hedges, page-15

  1. BSMeter
    45 Posts.
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    22/05/18
    23:05
    Post #: 33260821
    Dan,

    Are you able to get a factual statement from the CFO of where these hedges really stand and on what volume? Is your spreadsheet reflective of where the CFO has represented they actually stand? As with a near 30 dollar disparity per barrel between the hedging price and the market price, there is no factor other than the hedges that have a more material impact on cashflow for the balance of the year.
    ELK Price at posting: 7.4¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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