RE: RE: RE: RE: RE: RE: RE: Financials A perfect example of why ARW is doing all these interviews, simple, there are people who will believe an opinion over fact. Ever stop to consider why a company would go to such an effort to support the SP? In the long run the current share price wouldn't matter since it doesn't affect cashflow or any other performance criteria. The SP would eventually correct when the results reflect the potential they are touting. No the only reason to support the short term share price is to facilitate a financing.
Green's first line here is exactly what every company wants you to believe... that past results don't matter... "trust us we are doing much better than this" is a slogan that comes in many guises and should be taken with a huge dollop of skepticism. By the way if they started producing 1000 boe at the end of feb then March's production would account for the total quarters production. 31 days x 1000 equals 31000boe, did they flip the off switch for Jan and feb?
"financials shows what happened up to few months ago, for what's next, we can find from the interviews ... we know that at the end of Feb they started having 1000boed after ERCB let Aroway add Kirkpatrick well to prod ... current cash flow of 850K on 750 boed due to breakup restrictions ...
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what's next ... well, at least this is what I expect ... spring breakup over, back to 1000boed ... work at West Hazel using current cash flow and bring prod to 1200boed in the few weeks ... followed by more drilling at Kirkpatrick and Peace River Arch ... jmho"