ELK
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0.00% 1.4¢ elk petroleum limited

ELK - Grossly Undervalued now we have First Oil at Grieve

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  1. copperpot
    248 Posts.
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    19/04/18
    10:31
    Post #: 32549686
    With Oil now scheduled to flow through our 100% Crude Pipeline on 1st May (of which we review 75% of revenue for the first million barrells) and the price of Oil at 3 year highs close to $70, it is madness that this is still below 15 cents.

    I think this announcement slipped through yesterday without anyone noticing.

    This will re-rate this week once the brokers start buying and expect at least 12 cents by early next week.
    ELK Price at posting: 9.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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