OTCPK:ARNBF - Post by User
Comment by
teeveeon Aug 19, 2012 11:55am
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Post# 20235067
RE: RE: RE: RE: That's enough for me!
RE: RE: RE: RE: That's enough for me! Using $70,000/flowing barrel in today's market for assets, and production of 5,000b/d, that values the company at $350 million. Subtracting the debt, leaves $50 million, or about $.50/share.......