Hate to be pedantic but it's an 8% interest in Eorgas with the...

Hate to be pedantic but it's an 8% interest in Eorgas with the option of a further 8%..... of course ELK will have to find another $125K ..... and it seems to me that there'll need to be a whole lot more funding to get this technology up to full production..... as far as Australia's understanding of EOR, I think this one has been trotted out from time to time.... trust me there are plenty of smart people in the industry that know all about EOR along with the investors who have looked to the new frontiers both geograhpic and technological for extracting oil and gas. ELK's challenge as always is to actually get something.... anything ... I mean anything up to a decent production level and get a proper sustainable cash flow withhout having to do .... yep another, another, another CR. So far ELK has been a DOG.