Not receiving a reply from the HC community i put these questions i had to Kenny, who in his defence has answered every email i have sent him lately even the terse ones! his reply was
"RET is also the operator of the delivery system. Atmos knows that a new operator would improve things but they want us to work under our operating agreement procedure first. New Albany shale is plentiful in the field so its worth working through the process.
My thoughts on this are with a share price at 10c (turbulent times i know), low confidence in management and only 6 wells connected since halt on drilling around 3 months ago maybe its time for a change. IMO getting runs on the board in terms of cash flow streams coming in are pretty damm important given the current market conditions.
Am i off track with this line of thinking? some feedback would be great before i reply to him
On the bright side Looking forward to the autin moses drilling beginning october!
Cheers
AKK Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held
