Aroway Energy Inc ARWJF

RE:anyway..........I done did my bit

[davpro]

The big issue with ARW was never if they could or couldn't manage to make it work but rather at what cost and whether or not additional funding would be required... it was the PP last fall that precipitated the share price decline and when that was followed up with a quarter of less than stellar production numbers... well thats why we touched .20, now as long as the avg daily production stays at at least 750 then they have a very good chance of funding that very expensive program in West Hazel as well as all the other programs that are capital intensive... drilling for oil is not cheap.... but if you have really done your DD then you have a rasonably good handle on the capex vs free cash flow.

For the moment I agree... feels like a good ride...