thanks for your post.
unfortunately, it appears as though you are the one who is a long, long way off.
lets talk facts:
Denbury has delayed the project - fact.
The only permissible method of transporting oil from the field under the regulatory approval (BLM) is to use the Grieve Oil Pipeline - fact.
the BLM approval had heavy conditions regarding the only permissible way of transporting oil from the field is via the Grieve pipeline - fact.
Den bury refused to enter into a tariff with the pipeline owner (ELK) as typical bully boy, big brother tactics got the better of them and they thought they could pick up the pipeline and ELK's 35% cheaply if ELK fell under financial pressure - fact.
the ELK board has now prompted a competitive process in the market which is more than likely to flesh out big players to buy the 35% and Grieve pipeline (due to its leverage over the 65% partner as well as rights to 35% of the unused Co2 - fact.
This will either bring Denbury to the table to purchase the remaining 35% and Grieve pipeline or potentially deal with a Devon, Anadarko of ConocoPhillips who have all showed interest in the project in the past and would not mind playing hard ball with Denbury on all of these frustrated matters - fact.
either way, ELK is in a position on strength despite being the minnow it is against Denbury - fact.
look forward to receiving the bids and returning some money to the shareholders.....
ELK Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held