ELK elk petroleum limited
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$165m on Grieve and $160m for Aneth

  1. upandgo
    337 Posts.
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    06/02/19
    19:29
    Post #: 37354092
    Either these boys are stupid or this stock shouldn’t be trading here oil is still higher than when we brought into Aneth we also have Madden US$20m...
    SURELY it couldn’t be that desperate to find finance the Market cap is $45 mil AUD at the moment the Prefference shares we could pay out part of that and fumble along til things improve.
    Did anyone really think we’d see it this low??
    Aneth$160 Grieve our share $56mil Madden $20mil
    thats $236milUS Total what the.
    ELK Price at posting: 3.3¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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