At the AGM, the MD made it quite plain that he was very...

At the AGM, the MD made it quite plain that he was very frustrated by the share price. I distinctly recall him saying that, and that the share price did not reflect their US assets. I think if they have some serious drilling success, it will lead to a recognition of their underlying value, and the integrity of their business growth plan. You may then get a share price which overstates their true value. That's what we are looking for from here. I am prepared to give it some time.

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You'd have to be joking. One view could be that with the SP where it was 3 years ago, ARW virtually mothballed, no market interest in their big wells, little real ongoing marketing and RBC appointed to drum up some/any interest that management/the MD are part of the problem.

And time is the last thing they need more of!!

From the Co's statements the only option RBC aren't looking at is the only one that matters now: a full Takeover. Put the Co on the block once and for all.

There are Biotechs that have performed better than this Co. In a 4 year bull market with Oil well above 90$/bbl and these guys have achieved what? A SP trending back into the 60's?

Garbage.

My opinion only. DYOR