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Bullboard - Stock Discussion Forum Arrow Exploration Corp V.AXL

Alternate Symbol(s):  CSTPF

Arrow Exploration Corp. is a Canada-based junior oil and gas company. The Company is engaged in the acquisition, exploration and development of oil and gas properties in Colombia and in Western Canada. The Company operates through two segments: Colombia and Canada. In the Llanos Basin, the Company is engaged in the exploration, development, and production of oil within the Tapir block. Its... see more

TSXV:AXL - Post Discussion

Arrow Exploration Corp > A Stellar DIVIDEND vision !
View:
Post by gamer007 on Nov 18, 2021 1:54pm

A Stellar DIVIDEND vision !

My dividend investment thesis for AXL in the next few years !

Simple back of the envelope expression for context purposes!!!!

10,000 boe/day X US$50 free cash flow per boe =  $500,000 per day

---$ 15 million per month

--- $ 180 million per year

--- 50 % payout ratio on cash flow with NO DEBT to service !

--- $90 million divided by 280 million shares fully diluted = 32 cents US$ per SHARE Dividend

As Doc Jones would so eloquently say  " The Math is The Math"    !!!!!!!!

I fully understand why Marshall Abbott stated " The new team came in and worked for FREE to rehab this GEM of a project ! "

Gage Jull, Charirman of the board regarding the Alberta Montnay Gas play.........with 1.8 TCF of nat gas.............." That's extra, we got that for free, from the RTO a few years back"

All I can say is this is going to get very interesting in very short order !!!!

GLTA
Comment by goldboyz2 on Nov 20, 2021 11:51am
10,000 BOE/daily would be outstanding but were producing 576 boe right now. Next 18 months/1.5 years goal is to get to 3000/ BOE which is also quite good in terms of a small producer.  My excitment is with the AB Gas Play...... tons of potential and can generate some great Cash Flow very soon. The company plans to sell it off to dump a major chunk into their columbia play which could turn ...more  
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