If the company bothered to do extensive research into the macro...

If the company bothered to do extensive research into the macro economic climate and energy demand profile for the next 18 months, it would become apparent that ZERO hedging should be put in place in the next 6-12 months.

I am in agreement that forward cash flow is very positive; however it could be + USD $10 million better (calendar 2021) without adding to their current hedging program.

IMO the current board needs a good clean out. Who deserves to remain based on the results from recent years? I am yet to see any SP appreciation which can be directly attributed to decisions management have made. Please feel free to list any management decision that resulted in a bump in the share price.