ELK 0.00% 1.4¢ elk petroleum limited

My question is:Does this mean that they do not anticipate...

  1. 1,723 Posts.
    My question is:

    Does this mean that they do not anticipate selling the oil pipeline next month, which i think could be valued at about and at least $10m (from memory)?

    If the funds are only for ongoing costs, ie without some other motive eg Ash Creek acceleration, then I will be a bit disapointed at the move and its dilutionary effect.

    Makes the big sell at 30c last week, also seem a bit suss.

 
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