SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF) -- Ignore unavailable to you. Want to Upgrade?


To: Juli who wrote (7800)2/18/1998 11:49:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 9164
 
It is tough to say, I think that ABACF has better long term potential because its cash requirements are lower than those of Arakis, yet I have no clear picture of the reserves each one of them is sitting on. ABACF is much closer to positive cash flow, however, and that is why I give it a slightly higher long term (like a year) rating.

Zeev