read it and weep: elk 2012 annual report, page-14

BOS, this is a discussion based on some level of intellect and analysis ... obviously both parties have taken the time to do some decent figure work and we'll all benefit from this healthy debate... thanks heaps to you two for taking the trouble to pull apart a reasonably complicated set of factors and be bold enough to put foward your own assessments.... BOS as for your 3 line contribution.... best try and do what your little picture shows..... ears at attention and mouth closed.... if you find that a little challenging then just breath through your nose.