ELK
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0.00% 1.4¢ elk petroleum limited

Ann: Notice of General Meeting/Proxy Form , page-17

  1. binbin
    2,808 Posts.
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    22/11/12
    17:03
    Post #: 11096032
    As per my post below from Oct 2012, even at $50/bbl, Grieve should still be generating an after tax rate of return of 15%.

    hotcopper.com.au/post_single.asp?fid=1&tid=1846235&msgid=10760580

    This fact is repeated and highlighted again in Denbury's latest Analyst briefing in November.
    ELK Price at posting: 26.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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