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Arcan Resources Ltd ARNBF

Energy Oil & Gas E&P


OTCPK:ARNBF - Post by User

Arcan Resources Ltd > New Corporate Presentation
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Comment by oldundrtkron Dec 06, 2011 11:30pm
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Post# 19297907

RE: RE: New Corporate Presentation

RE: RE: New Corporate Presentation on page 19 there is a list of positives and the bottom item says well funded thru 2012 and lists a $120 million undrawn credit line. i'm not sure what they are intending on spending next year but they had $225 million for 2011. nothing was mentioned beyond 2012 that i could find.you are correct as it does seem to be an issue that they didn't really spend much time on.
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