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ARPETROL LTD V.RPT

"ArPetrol Ltd is engaged in the exploration for and development and production of oil & natural gas, and also provides natural gas processing services for third parties in Argentina."


TSXV:RPT - Post by User

Comment by TheRock07on Apr 29, 2014 2:34pm
180 Views
Post# 22503593

RE:Rock

RE:RockAbsolutely not.

 
That's only $18 million and the gas processing plant is worth twice that.
The 2p reserves would double that.

If they choose to develop their reserves, they will need to raise capital.... Almost certainly a PP.

 Trade station data show no attempt to constrain the share price.
This suggests that any PP will be  above 3 cents per share.

Thats what I meant ...
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