You are right about ELK wanting more of Madden, they are extremely keen for this to happen.... at a similar price to what they paid according to Brad.
In regards to a production number for oilers which puts them on investment funds radar, I all honesty I don't know if there is a production number or what it would be but suspect it is more likely a market cap driven number....for example FAR, CVN with no production but successful discovers.
Cheers
Dan
ELK Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held