ELK 0.00% 1.4¢ elk petroleum limited

material dilution, page-3

  1. 4,838 Posts.
    Wickerman
    To go out leasing unexplored acreage, based on a project that has so far failed to produce a single barrel of oil, at the expense of diluting the Grieve asset, would be in direct conflict with the company Strategy!!

    You might be right, how many acres are you expecting???
    Cheers
 
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