ELK elk petroleum limited
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material dilution, page-3

  1. davo22
    4,837 Posts.
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    19/09/11
    11:39
    Post #: 8977551
    Wickerman
    To go out leasing unexplored acreage, based on a project that has so far failed to produce a single barrel of oil, at the expense of diluting the Grieve asset, would be in direct conflict with the company Strategy!!

    You might be right, how many acres are you expecting???
    Cheers
    ELK Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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