Listless,From the latest ELK Presentation dated 24 Sept 2012,...

Listless,

From the latest ELK Presentation dated 24 Sept 2012, the Milestones Table indicates that the Grieve Pipeline is targeted to be monetised this month ie. October 2012 (Refer below), not early next year.

If they succeed in achieving this milestone, it would be another positive for the share price as it would mean that a capital raising/ dilution would not necessarily need to happen at least in the short to medium term. In fact, the recent run up in the price could possibly be in anticipation of this event. I certainly hope so...