Aroway Energy Inc ARWJF

RE: RE: RE: RE: RE: RE: news.. interesting

[davpro]

Ok you want to compare metrics then I'd suggest we keep it simple and just select one for the moment, we can expand later on if you wish. Take a look at Second Wave Petroleum SCS generating 32 million in cash flow last year  they show a loss, same as ARW, due to non-cash charges and produce almost exactly the same quantity of oil. 84 million shares O/S selling at about .17 per share with oil reserves estimated to be worth 162 million opertaing in Alberta. ssets 221 million liabilities 134 million market cap 114 million O/S mkt cap 18.8 million book value .75 based on shareholder equity divided by O/S

All numbers preliminary based on a cursory evaluation... I will take time to examine a little more closely later because they do seem to be extremely undervalued although there is probably a reason for that... but it will serve as a start.