While on the subject of the oilies, StockAnalysis has drawn attention to variations in cost of debt being taken on.
It notes market darling Aurora Oil & Gas (AUT) is paying 9.875 per cent on its $200m facility, Linc Energy (LNC) is paying 11.4 per cent and Antares Energy (AZZ), which is exploring in Texas, just 4.6 per cent.
http://www.theaustralian.com.au/business/opinion/east-africa-oil-projects-is-next-on-the-radar/story-e6frg9ex-1226269155662
Add to My Watchlist
What is My Watchlist?