RE:RE:I am Running out of PatienceNo yelling & I agree with your frustration gonat.
There needs to be a catalyst..."growing" into a D/CF ratio is not enough.
This company needs an asset sale (even if it's a small one, or bigger, but at a cheaper price) to get the STOCK price to propel forward.
Rest assured, if they don't... this will be painted ponied.. at ONLY a slight premium to the trading average.. and eventually, just like gonat (and possbly myself), even loyal holders of the shares eventually say "I've seen enough, just give me 30% premium and I'll move on".
Dale has no chance when this happens, he's CEO not Chair & not majority shareholder.
BeatTheOddsSqua wrote: I would say an asset sale and please don't yell.
If they just sit on their drilling results they will sink. They have to keep moving forward and while they wait to get back in the field after break-up that is an optimum time to focus on cleaning up their assets.
With the AGM out of the way in a couple of hours. The slate is clean and they can focus on shoring up the balance sheet.
Hang tight Gonatgasgo if you can, for at least one more month and see what happens.
JMHO