elk petroleum seeks a$5 million at 25 cent, page-32

Seriously some folk should write soap operas rather than invest , it's pretty simple , they could have invested $15m worth of co2 and got oil 12 months earlier than by using the water injection method that brings flow by 2016 . They have moved to a cheaper , if not a little slower recovery based financials . Yes it was a Denbury decision it's theirs to make. Pressure us still rushing steadily , significant cash flow in 2017 is a very high probability . In the meantime they moth balled Ash because they couldn't fund it. I gave a target price for ELK of 40-55c in 2018, if you buy 12 c shares you get a free on at a strike of 25c , that's an 800% return @55c