Another detail lacking report from Mr. RiggSome good points -...

Another detail lacking report from Mr. Rigg

Some good points - The Hereford gas analysis confirms the noble gasses in the larger resevoir at similar concentration. ELK confirms it is currently negotiating the sale of the nitrogen component. ELK confirms the execution of the Ash Creek JV so we can expect drilling excitement soon. (i would have preferred the JV pulled but with ELK's poor cash management this year that has really given them no choice it seems) so on with the JV! SDS production back on the improve.

But seriously low on detail (& cash). ELK needs to realize that there is no analyst at citigroup crunching the numbers etc They need to do this themselves to service the retail market. I would expect more output from a high school student. IMO id much rather have Davo as a director than Rigg with his $350k salary (or whatever it is) producing this low grade material.

What about the FID ?? We know they will release funding details at the same time which is the critical element ...so they havent decided how to pay for it yet ... but there seems to be no reference despite the october schedule. You'd think a small paragraph to update the schedule is warranted as this is the most important decision the market is waiting for.