ELK current production is insignificant.
The only thing that will get this moving again is Co2 contract and clear timetable for improved production from the CO2 injection.
The rest is already known and is factored into the current share price.
Remember ELK has had a good run over the past 2 months or so.
I think 60cents is fair value for where they are in the process.
Also it is good buying at the moment given potential. But dont expect a big return before xmas. :)
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