ELK
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0.00% 1.4¢ elk petroleum limited

Extract from Elk's 16/6/11 Presentation:"Elk to hold 100%...

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  1. SilentPartnr
    1,550 Posts.
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    22/08/12
    21:42
    Post #: 10608625

    Extract from Elk's 16/6/11 Presentation:

    "Elk to hold 100% ownership of crude export pipeline
    •
    Expected tariff revenue in excess of US$25MM gross –12 MMbbls
    •
    Expected tariff revenue in excess of US$50MM gross –24+ MMbbls"

    Might be better to have a capital raising rather than sell an asset significantly under its value?

    Regards

    SP
    ELK Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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