RE:RE:From the August updateIf wishes were horses, beggars would ride. The latest update contains mostly speculation about how well GXE will fare if prices average $90. The problem with such speculation is that most shareholders bought GXE for that reason. Tell us, Ingram, how well the capex is doing per flowing barrel. Tell us how much waterfloods have increased production. Tell us how productive the new land acquisitions are shaping up but please do not insult our intelligence with junior phone chimp pump strategies.
Gear will remain in the doghouse until they PROVE long term profitability by executing guidance. It is quite doubtful that GXE will follow the price of oil, (upward, at least) until management proves growth and the market masticates the dividend debacle overhang. Let us hope the Q3/23 financials are bountiful.