ELK 0.00% 1.4¢ elk petroleum limited

News: ELK Elk Petroleum to acquire Aneth oil field & CO2 EOR production project, page-4

  1. 787 Posts.
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    It's all above my head…..management say they did some serious due diligence,thats good.

    I like the following quotes:…..Acquisition is at a significant discount to proven net asset value.

    Strong cash flows allow for significant deleveraging over the next 2 to 3 years.

    Downside …..going to dilute the script by roughly 50%
 
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