letter from carina capital, page-9

"Focus Capital Group has already contacted a range of potential investors for the project."

"Elk is utilising Arrowhead?s services and networking opportunities to increase the knowledge and understanding amongst the US investment community of both the Company?s US oil and gas asset portfolio and also the development plans for these assets. During the next two months, it is expected that investor presentations will be made in the US to Arrowhead?s client base"

Could well be a genuine attempt to position themselves on ELKs shareholder list?????