ELK 0.00% 1.4¢ elk petroleum limited

company revaluation announcement, page-5

  1. 4,837 Posts.
    completely agree. This sets up the next rise in shareprice. Surely will break $1 tomorrow. I was very impressed that 80% of the oil or 18mil barrels will be recovered within the first 8.5 years. That is an average of over $200mil revenue per annum for those 8 years. $1.6bill over the next 8years.....for a $42mil dollar company....add co2 and I would expect the NPV from Ryder to be $5+ per share.....exciting times.
    Cheers
 
watchlist Created with Sketch. Add ELK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.