ELK 0.00% 1.4¢ elk petroleum limited

material capital raising, page-8

  1. 607 Posts.
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    Im with Pawnking for now. We need to see the details before hanging ourselves. ELK were always going to raise money somehow to advance their projects. Perhaps a JV may not now be necessary on some project - who knows. Perhaps this may be a good thing, as if it leads to substantial income generation we should all profit hopefully.
    No doubt we will take a hit but it may be worth it in time. I will remain open minded until more detail is provided.
 
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