It’s worth noting that RWD was proposing an alternative technique before KLL existed or before any of the current crop existed. Makes me think the sharpest tool in the shed may be in a shed on the Stirring Hwy.
It will be very disappointing if the market views the adoption of flotation based techniques by all companies, except RWD as an indication that these techniques are the best and only techniques. Particularly as they have been so troublesome thus far.
Regarding doing the right thing, its about conserving cash and narrowing the focus. As for doing something they haven’t blown half a billion dollars and ended up in VA or diluted the register to 2B shares. It’s very hard to look at the peer companies and be envious at this point in time imo.
Cheers
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