Davo---might be slightly higher production costs than you esitmated but allowing for that 230m gross that is approx net profit 180m per year which is 90m to Elk after JV take their share so that is a dividend per elk share holder of about 90c per share for 6-7 years---SP would be about $10-12 during that period-nice---JV announcement will not be made until occarew suspension is finished so forum can be provided a balanced view and feel normal again-occa due back in one week. elk not required to make statement re RS delay---
ELK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
