ELK 0.00% 1.4¢ elk petroleum limited

sale of grieve, page-5

  1. 956 Posts.
    lightbulb Created with Sketch. 17
    Hey Davo, if the NPV for Grieve is over $300m and the market valuation is only $10m what do you think the chance is that someone will make an opportunistic offer for the company?

    I am concerned that an existing player in EOR in the region might make a move now that we have CO2 and before we get a chance to wrap up the financing.

    I'd hate to see someone like Denbury offer 30-35c per share just when things are starting to look positive.
 
watchlist Created with Sketch. Add ELK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.