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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 Jun 02, 2014 12:24am
141 Views
Post# 22619799

RE:RE:RE:RE:What is Aroway's strategy?

RE:RE:RE:RE:What is Aroway's strategy?Louel... your point is noted.. while I don't think that scenario is applicable to ARW at the moment you have provided support for my contention that this particular loan is probably only a stop gap measure and will likely be replaced by a new LOC on much more favourable terms once we see the reserves report and are able to leverage it for a new line. At any rate even the worst case scenarion does free up 150k per month for Kerrobert and that acceleration couldn't hurt.
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Dealroom for high-potential pre-IPO opportunities