Of course DD wont meet his performance rights targets in October, Doubt we will see the dividends either until we have more wells open.
But David deloub is in a difficult place, if he spent another 5 million opening up more wells, then the cash will fall to around 1 million and so may the share price.
and some share holders who post on here will be calling for his resignation... which he does not want of course...so what is he going to do...
yep... he will delay opening any new wells because he does not want the wrath of a percentage of the share holders whose will see the share price collapse short term.
But if he was a strong CEO who does not cow tail to share holders but does what best for the company..then he will open up more wells increasing the equity in the short term and the revenue and longer term the cash.
Simple really ..but it is just a theory.
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