Ironically if the merger with ELK had gone ahead we would now be sitting in a cashflow positive position with near term significant upside, albeit heavily indebted. One thing I will give current management is that they aren't jumping into any stupid deals for the sake of being an O&G coy. Slow and steady, but at some point the floaties need to come off and we need to start swimming.
Ironically if the merger with ELK had gone ahead we would now be...
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