RE:RE:RE:RE:RE:RE:RE:‘Business until it isn’t’ needs addressing Fun read on both sides and I agree on a lot of points brought up on both sides. Im failry certain there was a deal that fell through a year or two ago, but if a deal was on the table and fell through once already BEFORE the special committee and financial advisors got involved I would at least HOPE whatever is at the table now (if any) would be more serious than the last time. I do agree, however, that on the surface it seems they are content with prospecting by hand in the bush and raking in the dough. I too hoped for a much more expansive drilling program this year and I hope that the drilling over the winter and into spring/summer of 2024 is expansive enough to produce the MRE...if not...people should want change in leadership. I also agree that this shareholder value bs that is constantly spewed here is complete nonsense. Shareholder value = $ and the ability to cash out for more than you put in. I think that it is actually the opposite as someone suggested, the SP being of no concern.
I wont be selling any of my holdings (and I couldn't anyways without tanking the sp 30%+ at market) but id like to see this real push to the MRE in 2024 and an actual effort to value shareholders on a day to day basis and not just to be held hostage until a BO.
This could all of course be meaningless and they are wrapping up a deal but time will tell.