Elk have inherited a large number of staff from the seller .
Some of them are going to be ambitious and want their own projects .
Elk will have to keep growing to provide the opportunities to retain the star players .
The only thing which worries me about this EOR is how upfront capex intensive it is . On the other hand there must be other companies besides Denbury with distressed balance sheets which have done their dough and don't have the money to get the projects into production .
ELK Price at posting:
6.1¢ Sentiment: Hold Disclosure: Held