RE: All out8 Apr 2024 22:06
I'm not quite getting where you are coming from, wildtiger. Can you explain your rationale for investing in Kistos in the first place? I was under the assumption that many of us had originally invested in the company because of the expertise of Andrew Austin and his team, and not because of any kind of bet on gas prices, or any other single issue. It cannot be denied that the windfall tax and investment away from the gas only, low carbon strategy has had an impact. But if Austin and his team are still compos mentis, the original reason some of us invested remains.
I had thought that the considerable skin in the game the team had, along with the seemingly genuine emphasis on shareholder value, and past performance, was somewhat of an outlier, and still do. At this point it certainly doesn't look like we are going to have a repeat of RockRose. But I do wonder if some people have lost their nerve too easily. Only time will tell.