ggambler RE:a rough calculation: (1) ELK is worth 23m barrels recoverable oil = 23m x $80US ($1.84 billions US at current price)? market Cap only $22 millions US (2) INP is worth 120m barrels with 15% recoverable oil = 120m x 15% x $80 US ($1.44 billions)? market cap $ 200 millions US
did I miss anything?
Mate if those figures are correct than my summation of mondays frantic buying will be on the money.
I desperatley want more ELK Got 100,000 on open but wish I got 1,000,000 now.
This is one mega stock and in a week we will be looking at $1.00 plus easy
ELK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held