LNC 0.00% 99.5¢ linc energy ltd

oil hits 4 year low, page-15

  1. 1,900 Posts.
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    Semi

    All prices in US Dollars is the assumption

    Debt 590m
    Assets with the fall in oil prices of 20%
    Obviously the Assets are now worth less?
    Interest running @,$60 M
    Therefore need to achieve a sale of $650 plus or hand over keys ? Yes?
    With the fall in oil prices this $650 is harder to achieve!!
 
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