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Bullboard - Stock Discussion Forum 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 Discussion

ARPETROL LTD > First paiement
View:
Post by Bookends on Sep 26, 2016 5:34pm

First paiement

Did anyone receive their first 40cent paiement this far?
Nothing on my end yet.
Comment by Bookends on Sep 27, 2016 10:21am
Alright, Just got the cash this morning! Time to reallocate!
Comment by L0ung3r on Sep 27, 2016 5:32pm
Using mine to pay down my HELOC (which helped fund some additional RPT purchased :P).  Might purchase additional IMAX below $29. 
Comment by Bookends on Nov 13, 2016 12:23am
Our cash should be comming out of the escrow account relatively shortly: ''Included in the purchase price is US$2.25 million which was placed in escrow and will be released to ArPetrol in November 2016 following the six-month indemnity period.  To date the Company has received notification of a proposed adjustment to the escrow of US$55,000 for  ...more  
Comment by quicksilver545 on Nov 23, 2016 12:20pm
Yes, it's certainly mid november now... Let's hope we get a press release by the end of the week.  Both me and another investor are a little suspicious of the last financials, as there should be at least around 62c total payout. I will be very scrupulous of the coming financials to look for where this mystery cash has gone.
Comment by Bookends on Nov 24, 2016 10:44am
Hey buddy, let us know what you find then. Let's hope they were being conservative with the 59 cents estimates :P Press release might not be out in November... Hopefully we could get some news by month end, but it could come out in early December. All we have to go with for now is that the exchange rate moved favorably to our advantage.  For everything else, we just got to sit back and ...more  
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