ELK 0.00% 1.4¢ elk petroleum limited

Thanks for the heads up pc40. Not to put words into Mr....

  1. 374 Posts.
    Thanks for the heads up pc40. Not to put words into Mr. Wickermans typespace but his post estimated 3mmbbls (based on 15% recovery of 21mmbbls of oil in place). If a chemical flood is possible it could be a great chance to 'prove' the technology to the aussie market on the smaller shannon first. If im riding this moose then i want the huge potential cash flow from these mature wells to start as soon as possible (dont we all) self funding the exciting explorations and to attract another substantial holder or at least heavy accumulator which is going to be a key to getting and keeping the sp above $1 in a stable trend

    Its a good point doolang but i guess if you think about the process .. the directors have commissioned the uni to run the study .. which means it is now ongoing ... which means they are now privy to the ongoing results / info exchange ... which means they are now privy to market sensitive info .. which means ...

    the above is just an opinion & not advice in any form
 
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.