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1.4¢ elk petroleum limited

I guess the reason is ELK is still considered as the new kid on...

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Ltdragon

67 Posts.

06/01/18

16:07

Post #: 30094319
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Originally posted by binbin ↑

Whilst a lot of other oil and gas companies have been having a good run due to oil prices rising as high as $62, ELK has been relatively quiet.

I suspect this is because not many realise the exciting potential and growth story of the company. The analyst reports and other research reports I’ve read have all used around $50 oil to value the company so the upcoming quarterly should most likely exceed all forecasts and budgets.

Hopefully then, investors and traders will start noticing this significantly undervalued company.

Great time to accumulate though IMO.

All the best to all shareholders

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I guess the reason is ELK is still considered as the new kid on the block in the oil and gas sector. It would change soon once their oil and gas assets are in full swing and this would happen soon.

ELK Price at posting: 7.2¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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