ELK elk petroleum limited

This looks good to me. Without the overhang of Andy's stupid...

  1. 374 Posts.
    This looks good to me. Without the overhang of Andy's stupid capital raising I would be excited.

    Looks like 160bopd (4 wells) will be quite possible by years end... more than doubling ELK's current production. All surely could have been done with the line of credit already in place and quickly repaid without any dilution and subsequent new tsunami of resistance to cap any near term price rise.

    Looks like ELK is being run in the interests of 1 or 2 shareholders rather than representing the majority. But we all know that now ...
 
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