Ann: Termination of Elk Petroleum Merger, page-9

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  1. 590 Posts.
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    We would have been in bigger trouble if the deal went thru. I am just relieved with todays announcement. I feel very bad for ELK shareholders, but as I have said before we have our own problems. Been following Mel since 2009, and seen it go from $1.01 (having found the biggest gas discovery in NSW) to a penny dreadful low of 0.019, we have all suffered. Hoping good news is just around the corner with supreme court ruling.
 
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