Anyone here intending to participate in the SPP? Not many companies can boast a SPP at near 100% above the last SPP. I'm giving it a miss, not for any other reason other that I cannot afford spending more on ELK. My p/f has been substantially hit of late and I'm not selling into this market. At least we have a good sum coming in - so unfortunate that we were forced to raise at this time in the cycle (again). Global growth coupled with the oil price don't exactly look bullish, but it'll change. No. of shares still low for mine but we need a bull market with soaring oil prices to transform our investments into wealth creation of any sig. magnitude. The $7m is a tidy sum to raise - all we can hope for is it to be spent wisely.
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