ELK elk petroleum limited
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    374 Posts.
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    07/02/09
    03:26
    Post #: 4771417
    Davo
    I'm thinking the only part of the business that they should finance with debt is the grieve development provided the surtek studies are positive. ONLY if they are positive that is, cause this is the path to major company revaluation based on real cash flows and reserve reclassification.
    ELK Price at posting: 13.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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