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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 Feb 05, 2013 12:16pm
270 Views
Post# 20940718

RE: RE: Read between the lines...

RE: RE: Read between the lines...

If they cash flow $1M per month in 2012, that's $0.20 per share. What's a reaosnable multiplier here? 3x, 4x?

All they have to do is keep production around 1,000 in 2013, a conservative scenario. ARW is drilling conventional reservoirs not resource plays. So no 80% declines to fight!

Looking forward to the $0.60s next week! 

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Dealroom for high-potential pre-IPO opportunities