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Aroway Energy Inc ARWJF

Energy Oil & Gas E&P
Aroway Energy Inc is engaged in the exploration and development of oil and gas properties. Its operations take place in Canada, Alberta.


GREY:ARWJF - Post by User

Aroway Energy Inc
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Comment by davproon Apr 25, 2013 11:14am
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Post# 21300208

RE: RE: Cash Flow and Debt

RE: RE: Cash Flow and Debt

If cash wasn't an issue you'd think more people would be buying wouldn't you? Well I'm betting that cash is an issue. Debt was 4.8 million at Dec 31... and likely significantly higher now because a lot of that 1020 BOE wasn't translated into cashflow until late this qtr. Anyway believe what you will, I believe in SEDAR filings for information not paid touts. There might also be some issue with a late spring breakup this year which might throw another monkey wrench in their plans. It will be a long summerand I don't think we have seen the last of price pressure yet.

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