sweepstake, page-20

Gday SC
lots of different ways of looking at things...As to you mentioning cashflow report compared to CUE....CUE has a market cap 7X or $80 mill larger than ELKS yet it only managed $180,000 more than ELK in net operating cashflows...2p reserves and CUE is twice as expensive....

If chemical flooding works then ELK will have the amount of oil that CUE can only dream about.........with oil prices falling and costs high CUE-> exploration, appraisal, Development, production.... shareholders may struggle to ever see returns..........

Cheers