Until the major regional players establish contracts for their potentially licence breaching Co2 venting it cannot be completely dismissed. We need an update from Davo22 here.
Whilst I'm for a board shake up, unfortunately to date we've seen a valuable asset go and no dead wood cut yet. Not quite what I had in mind but we will see the final result when released. This type of instability doesn't give me much confidence for securing debt funding unless of course they are linked in some way.
ELK Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held