In the end, all that matters to me as a shareholder is:
1) that the sum of parts ie. the proceeds from the sale even if Grieve is sold off at the lower end of Ryder Scott estimates is worth more than the current market cap/ share price. This makes the likelihood of an increase in the share price increasingly likely vs a continued deterioration in the share price if nothing is done.
2) that we won't have to wait until 2016 to see an increase in the share price
3) that the proceeds from sale will eliminate the need for another capital raising and further dilution
ELK Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
