http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aN_qlb0gd.Os
Above article suggests that oil prices will give companies the war chests needed to mount assaults on targets.
Most research reports I have read value ARC, in terms of DCF, at approximately $1.45 - $2.
It has to be next at current prices. Well that's my simpleton's view on the topic.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aN_qlb0gd....
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