The challenge for investors in exploration companies is trying to stop them rolling the cash on every next well. I want them to be different- I probably want them to be taken over I think VEN could manage these assets - dont need two boards.
I want a bakance of investment and dividends.
Not sure the board doesn't want an annual income and will never pay a dividend and just keep rolling the dice.
Always struggle in these situations - font like takeovers but they are a way to get a fair price - certainly the share price doesn't reflect full value here.
The challenge for investors in exploration companies is trying...
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