RE:RE:As The Kelt Board TurnsThanks, Bill / Poo Pot, but I wouldn't exactly say we 'want' to talk about you.
And congratulations on picking an industry-wide drawdown as the optimal time to repeat the same points you've already made a thousand times.
Now, get your leakey brain back to the KEL board like a good little cheerleader. That dog ain't gonna pump itself!
MyHoneyPot wrote: If you guys want to keep talking about me, maybe I should honour you with my presence.
Some of my past comments really revolved around 4 things.
1. The Largest Hedging loss is the history, the removal of the hedging endorsement video by management, the investment in dry gas at Sunrise that has result with more shutin of that production. No meaningful growth in 3 years.
2. Option farming, a management team who is fully optioned up, and feel return to share holders is buying back 1/2 the outstanding share without changing their option allocations. Simply doubling up on options, while evaporating capital off the balance sheet.
3. Investment in postage stamp plays like sunrise, that are now shut in waste of time and share holder capital and the companies time and capital.
4. The continued neglect of Kakwa and its especially low condensate performance in the last quarter. 54,265 boe/day Q2 2024. Maybe this is a strategy for ARX desimate the value of the Kakwa resouce so its performance is inline with attachie.
Rookie management with no previous experience in the roles of CEO/CFO.
MHP
IMHO