Great announcements today. company confirmed 5000 bopd by next month. thats about $40-50m pa cash flow. Am really excited about eremia. Its covered by 3d seismic and appears to be a hovea/jingemia lookalike. given the speed and cost these wells were brought into production, eremia could double arqs cash flow and worth very quickly. and then there are all the other lookalike structures.
i think arq is just suffering the no-news syndrome a little. this looks like a great buying opportunity. i bought some anyway!
good luck
arc energy - buying oppoutunity?, page-2
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.26M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.8¢ | 14.5¢ | $14.50K | 99.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1828966 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 3419686 | 23 |
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| 5GN (ASX) Chart |