RE:RE:RE:RE:Receipts settling next week at 4.40It is the offering dynamic at work. A lot of new shareholders at discount prices. So naturally a lot of voliatilty given pipe hedging and speculative shorters.
BTW, you never answered why you think PROP is bad for our ARO? After which I asked you if you knew our company LMR Ratio and the PROP asset LMR.... If you can answer those, you will find our that our LMR increases with the transaction and therefore is GOOD for our ARO profile.
BTW, when we talk ARO lets talk inactive and active ARO. Afterall, we have long term waterfloods, and heavy oil, that produce for decades. So lets just chat about inactive ARO. And we can talk in real $$ amounts too so as not to be broadly speaking.
And let me know your opinion why ARO matters when it has no term and the company can still return money to shareholder no matter the ARO.
Then tell me what you know about Vantage Point Resources, who we have been transferring all our ARO too lately