absolutely agree with your sentiments here. Absolutely nothing of value to report. I would think some pruning of the executive team will soon be warranted as this has blown out considerably on the back of their pursued projects - none of which will get up. Still waiting for the dividends to be paid to management - I am sure they will come. As stated they are probably too ashamed to pay one currently even though they usually have the hide to do so anyway to the detriment of their balance sheet. Maybe another buyback at less than cash backing might be the other way to do it to get value back to major shareholders in lieu of a dividend???
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