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Antero Resources Corp T.AR


Primary Symbol: AR

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.


NYSE:AR - Post by User

Post by PaychancePayson Jan 23, 2024 11:59am
236 Views
Post# 35841001

I'd be shocked

I'd be shockedIf offers to buy Argonaut Gold are not pouring in right now. The majors are really stupid if they aren't looking to back the truck up in general. Just Magino is worth the entire market cap, no question in my mind. And there's literally no end in sight to stupid amounts of money printing. While the hedging agreements made out to 2027ish may curtail some of the margins, and there is a large float, neither really degrades the assets on the balance sheet. When Magino is running 20k tonnes per day range it'll likely be worth fair value of at least 500 million US, and that'd be a decent deal still for a major. Figure before Calibre Mining bought MOZ, they were valued near 500 million U.S. and they were producing about what Magino's capable of, but not in Ontario, in Nicaragua!  Definitely makes me scratch my head, but I figure earnings will tell the tale at the end of the day. Hopefully, The AISC come in near estimates soon, because keeping this thing down here will be like trying to hold an iceberg on the bottom of the ocean. 
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