Ann: Managing Director Video Interview with Boardroom Media, page-2

Nice interview although it skipped over the Aneth hedges.

It mentioned Elk trying to change its debt structure, but no details.

No mention of the $35 million in possible contingency payments.

Exquisitely timed right before the end of the cap raising deadline.

Yes, we know Aneth was bought as a bargain and the oil price has risen since then.

The questions remain: can Elk produce enough oil to fund all of its interest payments, debt repayments, contingency payments, and then have enough leftover to actually expand the company without diluting shareholders down the drain?

Then the next question is can the company actually provide value to shareholders by increasing he net oil backing per share?

Those are the $64 questions................................