ARQ 0.00% 8.7¢ arq group limited

obrien - LOL! yes, sounds like the nation anthem of the Canning...

  1. 7,063 Posts.
    obrien - LOL! yes, sounds like the nation anthem of the Canning Basin actually.

    NPB oil decline was expected and i was actually expecting a small dropoff in oil revenue but oil prices averaged nearly $100/BBl last quarter .. that won't happen next quarter.

    Just imagine, if drilling fluid hadnt clogged SB, we might have achieved a major gas flow - 30mmcf+ and when added to possible prospect size, we probably would have seen ARQ @ $2+ .. EMR @ $1+ .. EGO @ 60c+ .. PCL @ 40c+ etc etc. We would then have sold some of our holdings and had a nice cash reserve for the crash! .. BUT!! just goes to show, TIME DELAYS COST BIG TIME!!! .. that's of course assuming SB flows anything?

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