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0.00% $4.68 arrow energy limited

bagasas they just bumped up their 2P reserves. Arrow are...

  1. chris1983
    13,667 Posts.
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    16/08/09
    23:15
    Post #: 5515044
    bagasas they just bumped up their 2P reserves. Arrow are progressing with their reserves certification at a rapid rate. They have only certified less than 10% of their grounds. When Shell came in as a partner for 30% of the Australian grounds it was attractive to Arrow as it provided cover from other predators and it gave us cash to expand quickly. You cant base the value off the 30% price they paid.

    AOE Price at posting: $4.30 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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