B2,your chart will look a lot better when Arwon doubles the size...

B2,
your chart will look a lot better when Arwon doubles the size of the company in three weeks time!
(Plus the fact that I can't read it anyway!!!LOL)
In the forecast event of success the reserves potentially jump from 3.4mmbls to over 7mmbls.!
Of note the 3.4 figure equates to $51m at the going rate of A$15bbl. With 60m shares on issue that just happens to equate to the current price of 85 cents.-that makes no allowance for the exploration potential of Beeville,Jezabeel and the exceptionally strong gas potential down the track, nor for the small amount of debt/-ve hedge associated with the debt.
Cheers,TAS