Arrow Exploration Share Discussion Threads

[lauders] 28/11/2024 07:13

net corporate production of 5,500 BOE/D, inclusive of CNB HZ-7

Results look good to me and the future bright.

[lexion] 27/11/2024 20:49

Great post Charlie - that really would work

[charleysays] 27/11/2024 19:38

Lexion - you would think that if it was about everyone paying their fair share then the inheritance tax should have a deferral option for an active business and only come due when a family member who inherits chooses to exit the business.

[charleysays] 27/11/2024 19:38

Lexion - you would think that if it was about everyone paying their fair share then the inheritance tax should have a deferral option for an active business and only come due when a family member who inherits chooses to exit the business.

[lexion] 27/11/2024 18:19

Jailbird - yeah possible but mum who owns 60% still has just turned 93 - I would love her to live to 100 but being realistic may not happen My accountant is looking at all options- every family farm is different and have many different situations It's not about the land value- I would love to pass on a viable business to my daughter and grand son one day No other business would work on a 0.5% or less return on capital

[jailbird] 27/11/2024 17:39

Lexion,

Sorry O/T guys

Can you not use the 7 years rules or put into a trust to avoid IHT?

I am listening to debates on this on both sides

[lexion] 27/11/2024 17:23

No but I should have been - we are an average family farm and have been trying to build for 4 generations now The iTax for us would be devastating- Starmer the farmer harmer and Reeves the thief could not care less where their food comes from I am happy for those such as Dyson and Clarkson investing in land for IT reasons to pay their due but this will hit 10's of thousands who will not have the means to pay without selling Sorry for off topic guys !! - my 2nd largest investment here and have huge confidence in MA to build a very valuable co for sale in 18 months time

[buffythebuffoon] 27/11/2024 17:10

Lexion, were you out there with Clarkson the other day?

Buffy

[lexion] 27/11/2024 15:53

Auctus advisory note

[lexion] 27/11/2024 15:52

No I'm quoting- I'm a farmer for my sins in real life !!

[controlledmadness] 27/11/2024 15:46

Lexion - are you quoting a publication or are you a company. I notice you use the pronoun "we" in your comment.

[charleysays] 27/11/2024 15:40

UpWeGo - Production here may sometimes bounce around a pivot point rather than increase month on month because they are now juggling so many wells and water. The panic selling will only stop on either outperforming results or reasonable results that are met with tempered expectations. 5500 to 5800 bopd seems reasonable to me.

[kaos3] 27/11/2024 15:32

in the interview the boss has said only reserves are worth 1 pound per share

[lexion] 27/11/2024 15:15

* The CNB HZ-7 development well spud on 22 October and will add further production. The company will then drill the Alberta Llanos prospect (formerly Chorreron-1/Baquiano-1). Our unrisked value for Alberta Llanos is £0.05/sh.* Arrow plans to utilise two drilling rigs in 2025 to develop the Alberta Llanos prospect and drill development wells at the RCE and CN fields. Also in 2025, the Mateguafa Oeste, Mateguafa Attic and Capullo prospects will be drilled.We re-iterate our £0.70/sh target in line with our ReNAV. High net cash Arrow held US$18 mm in cash on 11 November 2024, up US$3 mm compared to the cash position on 23 September. While the company has a very active drilling programme, the cash increase over the last 6 weeks represents an annual cash build-up run rate of US$24 mm per year.Target: £0.70Valuation and cashflow - Pending further details on the 2025 capex programme, we have not changed our forecasts. Our Core NAV based on the company's 2P reserves is £0.32/sh. Booking 4.35 mmbbl net reserves at Carrizales Noroeste in the next reserve report could add a further £0.25/sh to our Core NAV. Our ReNAV is £0.67/sh.

[pastybap] 27/11/2024 15:09

They seem to prefer Thursday for quarterly updates, so thats what my money is on. Also, expectations seem to have been lowered substantially here over the past couple of months, so hopefully we will see some positive momentum.

[chessman2] 27/11/2024 15:06

I'm very confident so bought a few more this morning!!

[upwego] 27/11/2024 15:01

looking forward to the Q`leys and the next well results, we should be over the magic 6000 bopd target with a strong flow on the current well being put on production.

[shared24] 27/11/2024 11:29

Thanks Lexion/Jacks

[jacks13] 27/11/2024 11:09

The Q3 rns was on the 29 Nov last year, so tomorrow does look likely.

[lexion] 27/11/2024 10:58

1/4 ly's are due and HZ results My guess is tomorrow-

[shared24] 27/11/2024 10:12

Hi,Does anyone know when the next earnings update is - Yahoo Finance is saying today?

[upwego] 27/11/2024 10:05

bought some more today - way to cheap.

[kaos3] 27/11/2024 08:50

i am still waiting

chart very solid message - specially rsi

[rockyride] 27/11/2024 08:42

Added 175k

[rckillco1] 27/11/2024 01:40

MT, thanks for the link, I'm scratching my head trying to figure out how Charlie over at CNE can afford to do anything...except collect his divi payment and big salary. I hope something comes out of it early in Q1 for AXL, it will be a market mover immediately.