ELK elk petroleum limited

small capital raising - holders shafted, page-5

  1. 602 Posts.
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    From the Andy brag rag – last two paragraphs…..WITH COMMENTS

    All of the above factors led the Company to undertake a small equity
    Raising……… SMALL !! ONLY IN TERMS OF $ RAISED
    primarily to provide funding for the Grieve feasibility program. RUBBISH IT WONT EVEN FUND THAT FULLY.

    This equity raising was announced on the 9th April and by the time
    you receive this quarterly newsletter, you should have also received
    documentation regarding the Share Purchase Plan (SPP) and the
    Notice of General Meeting. …….. NO,I HAVE CHECKED THE POST AND NOTHING, I’M NOW GOING INTO RAT SMELLING MODE

    This material also has a lot of information
    regarding the Grieve feasibility study as well as a review of the Company business model. PLEASE DONT TELL ME THEY HAVE SHIFTED THE GOAL POSTS AGAIN.
    Should you not have received this material,
    please contact the Elk Share Registry on 1300 557 010.
    ….. HERE IT IS THEY CANT EVEN MANAGE A MAILOUT, SOUNDS LIKE SOME HOLDERS MAY GET PUSHED DOWN THE LIST AS THEY WILL NOT HAVE RECEIVED THE DOCUMENTS IN TIME. – LIKE ME.
    Once again, I hope that you find this Quarterly Newsletter both valuable and informative; we expect the next one to contain results from the Grieve drilling activity. DONT HOLD YOUR BREATH

    obe
 
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