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0.00% 1.4¢ elk petroleum limited

binbin, My reference to cash flow positive was from the last...

  1. DJG001
    306 Posts.
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    21/10/08
    19:12
    Post #: 4413187
    binbin,

    My reference to cash flow positive was from the last quarterly that showed that they were +154K from operating activities.

    Not sure if they will need to raise equity and at the last AGM ELK said that their preference was to farm out projects as per the Outback JV so hopefully this will remain the case.

    Cheers
    DJ
    ELK Price at posting: 20.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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