dudes, some one indicated that the cap value of ELK was $50m. all i can find is 62m shares and 10.5m options, so fully dilluted it is 73.5m x .44c or some $30m.
So if it has 23m recoverable barrels. correct me if am wrong, but rocky mountain crude sells for less than other crude. does any one estimate the crude revenue and the costs of production including the cost of the CO2 flooding to determine the net profit potential and the expected life
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