LNC 0.00% 99.5¢ linc energy ltd

cost per barrel, page-7

  1. 4,783 Posts.
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    and the longer oil stays cheap now then the higher it becomes (as development and exploration projects are either shelved or put on hold)

    while it it hurting our SP now, a low oil price now means with cash in bank we can get crews and rigs into S.A, plus it means when the demand picks up in a few years and there is no additional supply, our profit margins will be even higher
 
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