Elk is still a very good proposition and the directors and executive are building a company that will have very good medium to long term potential from explorer through to producer. Expect excellent cash flows long term and a share price re-rating in the next 12 months.
Very thinly held and not a big market cap at present. Definitely under-priced by the market, which is good in some respects.
DYOR
The Colonel
Ann: Hereford 1 Gas Appraisal Testing Update , page-6
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