I listened to the cast and have the following comments:
1. The Rancher shareholders were diluted down the drain as a result of equity financing - too bad for them.
2. The company is spending a huge amount of money on its projects: in the hundreds of millions.
3. As a result I would expect that they would be looking to increase the number of fields that could use co2
4. IF they know about ELK, I would guess that it would be on their screen as a possible future purchase. At the current share price ELK is a sitting duck.........
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