ELK
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0.00% 1.4¢ elk petroleum limited

TheColonel, There is no way that the ELK will hit high 40's...

  1. DJG001
    306 Posts.
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    06/02/11
    20:43
    Post #: 7849851
    TheColonel,

    There is no way that the ELK will hit high 40's based on initial flows at Ash Creek. Having said that Bob Cook at the last AGM said that once 4 wells were online the company would be cash flow positive. This would definitely give the SP a lift but not high 40's.

    DJ
    ELK Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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