Post by
MyHoneyPot on Apr 14, 2022 5:13pm
I am not here to teach Trapped - he is unteachable.
I expect to see ARX get taken out, because the things that are broken reside in management and they can all be replaced.
46% Utilization
In a play area like Kakwa where you are producing 180,000 boe day and you have historically produced 240,000 boe a day in a much higher cost enviroment. Whats holding them back it may that they have only decrease well costs 16%, i believe their original targes was much less.
Hedges
Is it not amazing they hedged the entire hedge deck at one time, when the prices were at the lowest point in the commodity cycle. Now they are afraid to hedge because they made such a mess of it.
Attachie
Attachie is really full cycle, future project with zero dates attributed to the project, zero predictability, and zero confidence a first nations agreement will be had and that the resultant project will have a good operational enviroment with the new regulations, or the impact fiscally on the project because of the new regulations, bad bad bad.
Sunrise
I know we are all asleep waiting for the sun to rise on sunrise, it a net zero science experiment with share holder money.
We reall need a management team that is building returns for shareholders, it like a goverment operation at ARX and the accounting group wants to be in charge of everything.
All these thing are fixable and ARX is trading at a tremendous discount, boot out management and you would likely see $10 dollars a share appreciation.
IMHO
Comment by
Trapped on Apr 14, 2022 6:52pm
Umm, thank you for not being here to teach any of us, Rainman. Who'd want to learn anything from a negative, fixated troll stuck in an infinite cognitive loop day after day. No thanks!! I really hope you get the help you need some day.
Comment by
angelnicky on Apr 14, 2022 8:31pm
there seems to be a lot of pumpers on this board
Comment by
sirmevl on Apr 14, 2022 10:56pm
Maybe it because we are up 300%
Comment by
downwithdotcom1 on Apr 16, 2022 8:25pm
Yah- well you and your alter egos's negative, deranged, embarrassing and D#mb A$$ postings more than balance out this BB right AN??? Sucks having NO SHARES...by the way, wasn't that yet ANOTHER 52 WEEK HI on thurs ??? dwdc
Comment by
Sunsurfer12 on Apr 14, 2022 9:44pm
Sure hope there is a takeout MHP....$10 premium sounds about right...what a bell ringing and party that would be..