OTCPK:AETLF - Post by User
Post by
Merculeson Jan 28, 2010 5:26pm
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Post# 16730219
Reserves Update...
Reserves Update...
https://www.marketwire.com/press-release/Arsenal-Energy-Announces-Operational-Update-on-Reserves-TSX-AEI-1109103.htm
Nice to see the NAV/Share values jive whether using Reserves (news release), cash flow metrics (the analysts), and my back of the envelope calculations using Enterprise Value / flowing boe in previous posts. Obviously, all three NAV calculation methods are interdependent (Reserves-->Production-->Cash Flow) but that they all come out to ~$1.40 / share makes me more confident...
Mercules