Last one for today: there is no short term or long term planGood comment from recent shareholder activism study related to senior mgmt
"To effectively evaluate and communicate the performance metrics of the company to both insiders and outsiders, the executive leadership team must adopt a culture of increased transparency. A measure of performance that takes a balanced view of both short and long term measures will reward transparency and open information flow. Without clear information flow, the quality of information reported to investors will decrease, and it is more likely that investors will become skeptical of the story being told, allowing activists to enter the conversation with their alternate narrative. Transparency ultimately reduces the information asymmetry between leadership and the board that enables the board to represent the interest of all shareholders."
Short term (no plan) actually value creation = value destruction and John's open resistance to shareholder friendly transactions -- Long term (no plan) = no matter what the value of the asset base is, impossible to create value with no access to reasonably priced capital
Time for shareholders to become serious and active given the opportunity set which is solely the Montney property position