RE:RE:RE:Does this make sense?Really? over 100% added on to the existing share price (plus dividends) in 1.5 years is not enough incentive for investors? Well over another double from here?
100% accretion in share price in 2021 and almost 50% in the first 5 months of 2022 says its doable.
You think sending e-mails requires chest hair? It sounds like you are ripping yours out for nothing.
ARX is going to hit another double in share price accretion ($11.94 x 2 = $23,88) in 2022.
That is with or without pulling out chest hairs or e-mailing connections. Plus dividends.
That is enough for me.
GLTA Longs
MyHoneyPot wrote: Don't kid yourself, you can impact management especially when y ou are in communication with them and the board. (Terry, Bibby, Dale, etc)
When you know people in the industry, word gets around.
ARX Management needs to be accountable for their actions, to the shareholders.
In fact it is kind of a joke in the industry, a company says their #1 go forward project is Attachie, and they can go forward with it because they are stuck in the mud with Treaty8 issues, is that really the sign of mature leadership a good way to promote that play to the investment community?
Really what incentive is ARX giving investors a reason to invest in this company? their balance sheet management? thats a joke..
Hurry up and wait, in 2 years time I garuntee the commodity cycle will only be stronger, delay add uncertainity and risk to share holders investment, and there is no certainity Attachie and Sunrise will ever receive approvales.
Is this why we have not increased production and have been sitting on their hands.
The sun rises and the sun sets on SUNRISE, however its another example of a project with no certainity, no time lines, and no economics. I guess we are having a solar eclispe that is impacting sun rise right now and the project is stranded in the dark.
I am not shy about sharing my opinions with management, and a company looses 2.5 billion in risk management 4 dollars a share in FCF and you are helpless, grow some hair on your chest.
IMHO