ELK 0.00% 1.4¢ elk petroleum limited

Alienating the management with critisim isnt the answer.The...

  1. 306 Posts.

    Alienating the management with critisim isnt the answer.

    The reality is that ELK will not move unless there is significant involvement from the wider institutional community as CO2 sequestration is poorly understood. Therfore I support the roadshows as one part of a wider education program. As understanding that this is not a new technology increases and that the RS reserves are a closer approximation to P1 rather than P3 reserves then we may see brokers start to follow the stock. This will be the catalyst that sees ELk really start to move.

    Another thing that others more knowledgeable that myself may like to comment on is whether INP's development of their flax field will help with the investment's communities understanding of CO2 sequestration and whether ELK will therefore get a benefit of investor acceptance of this method. Thoughts?
 
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.