ELK
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0.00% 1.4¢ elk petroleum limited

Can you provide some colour around the Grieve reserve estimate....

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  1. Resurgam
    1,392 Posts.
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    17/02/19
    00:19
    Post #: 37460805
    Can you provide some colour around the Grieve reserve estimate. It sounds like they didn’t take into account recent production info and they are reviewing pricing. Not sure what the pricing the reserves are at ... is there a chance they could infact increase? Is that why the company has asked for it to be redone? Then borrow off the larger reserve - that part of the plan?
    ELK Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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