Antero Resources Corp T.AR

Primary Symbol: AR

Energy Oil & Gas E&P

Antero Resources Corporation is an independent natural gas and natural gas liquids (NGLs) company. The Company is engaged in the acquisition, development and production of unconventional properties located in the Appalachian Basin in West Virginia and Ohio. The Company targets large, repeatable resource plays where horizontal drilling and advanced fracture stimulation technologies provide the means to economically develop and produce natural gas, NGLs and oil from unconventional formations. The Company operates through three segments: the exploration, development, and production of natural gas, NGLs and oil; marketing of excess firm transportation capacity; and midstream services through its equity method investment in Antero Midstream Corporation (Antero Midstream). The Company holds approximately 515,000 net acres of natural gas, NGLs and oil properties located in the Appalachian Basin, primarily in West Virginia and Ohio.

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Antero Resources Corp > AISC's at Magino

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Comment by ARGONAUTGOLDon May 06, 2023 1:53pm

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Post# 35434706

RE:AISC's at Magino

Magino EAC: US$103 million

Total cash and cash equivalents: US$58.406 million (Net debt US$83.3 million)

Operating cash flow: US$9.764 million Undrawn debt capacity: US$104.0 million at quarter-end

Argonaut Gold has only completed phase 1a of tailings dam. I don't see how they could possibly complete an additional 3 phases at US$103 million. 2023 shares will dilute again because of additional financing.

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