ELK 0.00% 1.4¢ elk petroleum limited

new ann - all good, page-3

  1. 13,181 Posts.
    lightbulb Created with Sketch. 7
    Could they farm-in in to lower the cost of development?

    That would make a whole lot of sense for shareholders and free cash flow could fund the development of the remainder of the field.

    I suspect they will be weighing up all options, including debt funding. Given positive movements in the prices for crude, can expect more upside to be delivered for shareholders.

    Colonel
 
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