"Creating shareholder value"9 Jun 2020 02:13
Two or three times that was stated. Yet, I think a fair few opportunities to do so, had been skipped and ignored. Then it would get thrown about again in the most dire moments (SP/economy/Corona).
Trice deserves huge credit for where we find ourselves. But consider this....
Two years ago we had nothing more but debt and an aspiration. Today, we find ourselves far afield of that explorer.
We now have a real position. The new mnagement can still further our prospects.
If someone offered me HUR position today and the SP 3/4 years ago, I wouldn't be displeased. As, it was always going to be an incredible task to prove up these wells - it could have been a complete disaster and no redeeming factors. Which, I do not think that's the case for us now.
I'm no more displeased today than I was on Thursday/Friday may be the best conclusion.