ELK elk petroleum limited

og weekly, page-16

  1. 4,837 Posts.
    and this week....

    ------"If Elk really had a good chance of firming up reserves of this size then the
    question we ask is why hasn’t the company attracted takeover interest? After
    all 23 million barrels of oil would be worth as much $500 million on a
    discounted cash flow basis. At current prices Elk is capitalised at less than
    $50 million."----------

    .....when this comes in someone is going to look bl**dy silly.....


 
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Currently unlisted public company.

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