RE:RE:RE:Yesterday AECO over $6 dollars G/JActually the numbers are as of today. Right now as a matter of fact.
Feel free to click and look.
I don't have to get too technical to make my point. KISS Keep It Simple Stupid.
ARX YTD Tou YTD GLTA
MyHoneyPot wrote: That looks like a real technicial comparison, at some unknown point of time, really tell me nothing expect you can compare two numbers. Why don't you say 10 is bigger than nine and it isall in the numbers.
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Really how many years has attachie been ARX's number on prospect, my guess that it is a project that is 7 years in the making and you spent more than 100 million dollars on and you don't have a first nations agreement, you don't know the true economics, and you really are speculating on everything, because nothing of value is published by this company in their presentation, that can't be done in the accounting group.
So now you have condensate over 100 dollars a boe and gas over 6 dollars a boe, and you can't make a half cycle decision to ramp up your larges reserves and land base play Kakwa?
So really with 46% plant utilization, in your largest investment regarding plant, you don't want to fill it. Maybe ask some other company what the term for this is. I think it is like this and i read it in NVA presentation, TOU's presentations, and almost any gas plant owner all aims to Drill to Fill, what is wrong with the thinking of ARC management.
They claim to have a 16% reduction in costs at Kakwa, which must make that play 100% better returns than plays like sunrise.
So if they are telling shareholders the truth, and if they are putting the capital in projects with the best returns, god only knows who they are investing in because it is not ARX resources, and as it goes they don't published returns on a play by play basis, i wonder why, because we just wouldn't understand their decision making process, i sure this is true.
IMHO