Reticules low stock price in regards to asset value, and WTIMy positivs on the company, asset value, possibility of decent cashflow, more mangable debt,
Driiling results could all point to profitability.
My negative on management, way to high share allocation for poor performance . ( are they at present holding possitif information to depress stock price to benefit personally from it )
While they where the first to cut out divident, which was a good thing, maybe it would be time to reimplement some kind of a dividend, looking at WTI which would bolter invers confidents in the company.There threshhold at one time was WTi 48
There must be informaton on drilling results, why do they withhold it? Maybe same, depressed short term stokvalue seems to mean big personal gain for Directors if I am right about this
Timing of throughflow shares, same.
It is important that the directors work for what they get payd for handsomely, to run a profitable company to the best of there abilities and to protect shareholder value without diluting it and refrain from lining there pockets at shareholders expence.
I held this company for many years and feel the pieces are in place to be a profitable company for the shareholders.