re: lost their oil exploration Graham,
Are you able to elucidate?
I see ARQ as having a good exploration program and excellent prospects for more successes in addition to their current oil and gas resource position.
As I've said at a PE of 8.3 last year's earnings the company is being given away for peanuts and is a roaring takeover target.
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Form your opinion about this.
lost their oil, page-10
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