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Aroway Energy Inc ARWJF

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

Bullboard Posts
Comment by green_CCZon Apr 24, 2014 10:55am
176 Views
Post# 22486078

RE:canaccord has new coverage of HML with tgt of $1

RE:canaccord has new coverage of HML with tgt of $1Why not expect prices to match? ...  

ARW and HME have both comparable shares count, comparable production flow rates now, ARW has lower debt vs HME, ARW had better revenue last reported quarter Oct - Dec 2013 ... 


Once ARW plans became clear (same as HME plans are communicated), and Canaccord and others can see the prospects, valuation will change  ...   I think ARW has a great chance to surpass HME prod by Dec ...  


Jun - Sep 2013
ARW 400boed
HME 461boed


Oct - Dec 2013
ARW 545boed , 3.1mil revenue
HME 569boed, 2.9mil revenue
Bullboard Posts