But management have made good coin on this for years have they not?
In that event one can view it as just a fraction of shareholders' funds paid in management fees going back in.
At the moment this looks more like a feel-good lefty good will venture : 'doing things right', we drill it, you dig it.... than a company determined to protect its license and deliver a return for shareholders.
At least I only got in the mid 4's.. due to the pre-cap raise pump and dump algo painting a few green candles to that end..... only a quick 40% loss in a matter of weeks. I can only imagine the wrath longer-term shareholders are feeling. This needs a management refresh IMO, but I have been around long enough on the ASX to know it will probably never happen.
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