ARD Price Target FY07: TBA
ARD EPS Estimate FY07: TBA

Monday, April 10, 2006

Expect First Quarter 2006 Operations Update this Week

A look at the release dates of various press releases in 2006 in all cases have come earlier than their equivalents in 2005. Specifically, last years Q1 2005 operational update was released on April 13, 2005. Therefore, odds are that this year's release will be issued either on Tuesday, April 11th or Wednesday, April 12th. I believe this management team is very detail oriented and feels it is important to continually improve all facets of this company from cost structure, production performance, NAV, EPS, and shareholder value right down to improving the timeliness of financial and production data to shareholders.