OTCPK:ARNBF - Post by User
Comment by
good40on Dec 22, 2011 8:55pm
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Post# 19347462
RE: RE: RE: RE: $500 million market cap
RE: RE: RE: RE: $500 million market cap Tire9, get a grip. Cash from operations has shown to be $10 million per quarter, or $40 million per year. How can one well pay for itself in two years ? Absolutely ridiculous.
How many times do I have to say it ? Capex for this year is $225 million, they increased production by only 1200 bopd... to an average 3500 bopd. Cash from operations was $10 million for the quarter. Are you just stubborn or not equipped to handle the truth ?