ELK 0.00% 1.4¢ elk petroleum limited

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  1. 4,838 Posts.
    Doto
    I agree.
    Shareholders (without any say in the matter) have just swapped a significant portion of Grieve for cash at bargain basement prices, we would need around a 2-300% return on this cash over the next 12 months to breakeven.

    History is not on our side and nothing I have read or heard gives me enough confidence that we will breakeven, let alone come out ahead thus my opinion.
 
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