future growth potential, page-10

"Nice to know we have an aggresive/experienced operator in Denbury who will get Grieve developed quickly and efficiently freeing up our management to chase other opportunitys"

Chase other opportunties?

With what? They don't have enough cash. THe share prices stinks as a result of poor action, they can't get loans, the latest edition of the GFC is upon us, and the POO is sinking.

maybe they can recycle some ELK droppings from around the 10 bopd Ash Creek Field..........

Reality is hard to face for some, but ELK doesn't have any future like you are talking about for years. Then once that cash does start coming in no doubt shareholders won't benefit and it'll be wasted on spurious other projects such as Ash Creek and Kakadu in the past.

ELK can be a cash cow once the G Field starts producing if ELK can manage to keep going until then.

Once that cash get close to start flowing in, I think that an opportunistic bid will be made for the company.