new ann out, page-21

Gday g28
I personally hope they dont try to do Grieve with debt....last thing we need is for things to not go to plan, have the debt called in and be unable to pay....

a definate positive is that at least we have assets to sell...the other positive is (I hope) this is likely to be the bottom assuming that there will be more money in the kitty / wells to drill etc....outsiders will no doubt think the company looks significantly better cashed up and farmed out, I will....

You guys reckon your dissappointed that ELK are giving away the assets....will you be excited if no one wants to buy them and you get to keep them???? Not me!!

OUT THE DOOR THEY GO!!!! NO REASONABLE OFFER REFUSED!!!
I might even give them a call and farm in....$30 a net acre...give me the acre sitting on top of that well that flowed over 80mmcfd......

Cheers