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Arcan Resources Ltd ARNBF

Energy Oil & Gas E&P


OTCPK:ARNBF - Post by User

Arcan Resources Ltd > good40
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Comment by good40on Jan 20, 2012 2:15pm
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Post# 19427979

RE: RE: RE: RE: RE: good40

RE: RE: RE: RE: RE: good40

Um teevee... the investment banking side ?  What has that response got to do with my question ?  I'm asking you,  since you said you were happy with 6000 bopd.  How long until returns pay for the costs ?  Something doesn't fit,  $225 million yearly capex requirements,  a $500 million market cap... and only a hopeful 6000k bopd.  I'm thinking that your " investment banking side " response was due to the difficulty in putting together a reasonable business plan.

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