RE:Kakwa CF is likely 20% above budget forecast. MyHoneyPot wrote: Condensate is responsible for roughly 70 percent the the CF from Kakwa.
The reason ARC is doing so poorly is that the managment team is not that smart and will not do the right thing. TOU management if they are wrong they will just fix it,
The ARC managment team will give you a projection with no numbers. They think the investment community is stupid, and grant it many of them are I have witnessed it myself.
ARC management is the reason for the low share price, and i think it is time for a change.
IMHO
I wouldn't say the management team is not smart, but I have suspicions they are more interested in maintaining jobs for themselves and maybe their employees, than in maximizing shareholder value.