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Aroway Energy Inc ARWJF

Energy Oil & Gas E&P
Aroway Energy Inc is engaged in the exploration and development of oil and gas properties. Its operations take place in Canada, Alberta.


GREY:ARWJF - Post by User

Aroway Energy Inc
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Comment by RIG500on Oct 25, 2012 12:05pm
143 Views
Post# 20523299

RE: Q4 LOSS 5.2 MILLION..REVENUE ONLY 1.3 MILLION

RE: Q4 LOSS 5.2 MILLION..REVENUE ONLY 1.3 MILLION

The results are based on an average production of 400 boepd in fiscal 2012...

You're also stuck on Q4 which happens to be spring breakup?

The market is forward looking and right now it's looking towards the 1,200 boepd exit and 2013 guidance. 

You either buy and hold based on the outlook or sell based on Q4 results from a few months back.

Whatever your decision, GL!

 

 

 

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