LNC
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0.00% 99.5¢ linc energy ltd

Hi Al,Regarding this: "Its possible that they (Linc) may have...

  1. MrMcgee
    877 Posts.
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    17/09/13
    15:27
    Post #: 12338024
    Hi Al,

    Regarding this: "Its possible that they (Linc) may have some write downs re Alaska Drilling and the higher depletion rates on Barbers Hill."

    Umiat is currently only carried at cost ($61,567,000) so a write down is unlikely. Can't comment on Barbers really, except to say there's less oil this year then last, so it would make sense.
    LNC Price at posting: $1.50 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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