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** xej soaring, page-2

  1. 24,765 Posts.
    re: ** absolutely disgraceful On a day when the XEJ is rising strongly ARQ has again fallen. Disgraceful.

    It's not as if ARQ's lower production for the September quarter came as a surprise to the market. It was known well in adaznce once the problems with Jingemia were announced to the market, which, fingers crossed, are now fixed for the forseeable future.

    840,000 extra barrels of oil income from Cliff Head coming on steam next year does not appear to be factored into ARQ's share price.

    Nor does success from the current testing and drilling programme announced the other day in ARQ's quarterly.

    ARQ's share price performance today continues to be absolutely disgraceful. Someone is getting it badly wrong.
 
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