Good posts bererkwarrior, and fear not, I know that Mick has very strong support from the majority of the largest shareholders, and he knows the importance of board stability. Assuming he retains his health, I'm confident our board disruption days are behind us.
While I agree that NZO/CUE received a good deal for the price of the production they purchased, if that is the price required to unlock some shareholder value, that the market is clearly not providing and which can be used to fund exploration, so be it. Now we have ~$100m in exploration potential in the near term, for our lowest risk plays, which is a far cry from a $14m capital raise and it's associated dilution.
To get any real traction in the share price we need potential, and the bigger the better.
Potential new reserves, and lots of them, not just incremental gas sales growth. None of us got into this minnow for 10% growth per year, we want a multiple of 10!
