any idea, page-17

occarew,

You have posted BS before - 75c is in YOUR dreams.

I do, however, have to down grade my sp prediction as the price of oil has dropped. Lets see, from US$99bbl to say US$88bbl - thats from A$2.90 to about $2.50+.

BTW, by the time the oil can be extracted at 8,000bopd, the oil price will probably have gone to ~US$150 (say) and at that time the ELK sp will be A$4+.

Buffet eating here we come...


PS: IMO and all speculative estimates of course!!!