1. IF any equity raised is done via the USA subsidiary, then "how" is any deal priced ?
2. if the above occurs, and then ELK were to refi the Aneth loan (similar amt to the current $$$ outstanding), and then there were to be a delay - the assets have essentially been "dealt" .....
3. an equity raising has nil to do with refi'ing a debt amt .......so, arguably, the stock should NOT be in suspension.......(imho)
4. equally obvioualy - if they are part throu a debt deal, the exsisting hedges will need to be cancelled, and new hedging entered into ......
I hope I am incorrect, as it now has a "smell" about it ......
rgds
V_H
ELK Price at posting:
1.4¢ Sentiment: Sell Disclosure: Not Held
