Ann: Grieve Update - Presentation by Denbury , page-5

Binbin,

I agree entirely; it's the timing of this recent investment that is incredible.... cashflow pushed out to sometime in 2014 and like you I'm not prepared to sink more money in to this one. It may well be a case that those that come along at current price or even slightly lower will be the beneficiaries of all those that preceded at much higher prices. Just wonder how many shares will be on issue to get ELK into a cash flow position.