ELK 0.00% 1.4¢ elk petroleum limited

no capital raising required

  1. 360 Posts.
    Welcome back Davo, but if that is the best you can do I would suggest you take another break ....you state "My guess is a likely raising very soon and if so a shame they are using Patto's as they tend to screw companys as low as possible on the price "

    Your ascertion of a need for a capital raising would appear well removed from reality as well as your speal on Pattersons is not only harmfull and wrong .....it is also well removed from reality when the preferred brokers for ELK have been DJ Carmichaels in Perth and Fosters in Sydney who very capably handled the last funding in October last year

    Davo, things have progressed extremely well for Elk since you were last rubbishing this company two and a half years ago.....glad you now claim to be a shareholder again and as it is your right , try and contribute in a better way and work with management who have been fully committed to turning this company arround.

    On reading the Quarterly report you would no doubt be aware the monetization of the Grieve pipeline is progressing and should provide a very considerable cash boost to our funding very soon now.

    I believe management are fully across all issues and are working very hard to address any future funding requirements without a need for a capital raising in the near future, with securing future debt funding high on the agender.

    I'm sorry Hecto, if you feel that way, why not take your money and go somewhere else mate , it can't be good for your health and we sure as hell don't need this sort of unjustified negative downramping on this stock.

    Cheers to all the long term supporters
 
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Currently unlisted public company.

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