ELK elk petroleum limited
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2p reserves, page-4

  1. davo22
    4,837 Posts.
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    16/08/10
    10:48
    Post #: 7022730
    A very good announcement for shareholders. 3 million barrels of Bankable 2p reserves should allow us to get funding to go forward, hopefully that will be announced in the short term. Brings into question ELKs spp timing. Funding and a completion of spp should see a rerating. We should also be due an update on production rates for AC with the increased flow, could this be out later today???
    A daytrip to Bondi now looks to within shareholders reach!
    ELK Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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