Maybe they could do a placement to raise some cash. I'm sure if management summon every last ounce of energy and endeavor they can achieve this, although if announcements relating to positive moves in their operation are anything to go by they'll probably miss the boat and go broke ( i mean insolvent ) first. I don't like popping into threads with no history but I can assure you that i've followed the progress of ELK for more than a year looking to jump in when they make some progress and to be completely fair in assessment they have pretty much gone backwards through the contempt they have show to their holders ( some of whom I know well ) by not pulling their finger out and making it happen when the cash was still available. I once read in the thread that ELK was brilliantly management and sure to achieve... these were in my opinion empty comments. Sorry and i do hope something changes but on current progress i wouldn't hold your breath.
ELK Price at posting:
14.0¢ Sentiment: None Disclosure: Held