At this Point, BSM is only concerned with survival. AKA keep directors wages coming and keep staff employed and paid on time. Even as an owner (shareholder), I think this is most important. The guys hammering rocks deep under ground, in the wet and freezing cold, need to be paid.
All shareholders have/will suffer... It's a very unfortunate turn of events, but it is the nature of things.
There is silver lining, and things may turn around in time... But ultimately, BSM no longer has good risk/reward and I personally will be moving on.
BUT - IMO - I do think there is perhaps a board member, an accountant and a couple geologists who NEED to be booted off the payroll. Responsibility needs to be taken and shareholders need appeasement.
Cheers.
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