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Thanks Jophda. Never a truer post read.

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ablett05

12 Posts.

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01/11/23

10:22

Post #: 70660477
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Originally posted by jophda: ↑

Every single quarterly for years has disappointed as has every paid for analysts report .
They spent A$49.7 million capital in 2022 without getting much increase in production for very long at all .
There has been full on ramping by posters here for a long time and they have been wrong every time too .

I have a large share holding and was hopeful of making my investment whole on a sale of the Montney .
I don't remember being more pissed off ever by the management of a company I have invested in .
The ultra low gas prices won't stay once the west coast LNG plants start exporting at world parity prices .
It was definitely not the right time to sell the Montney .

Don't forget that the recent payment shareholders received did not come from free production cash flow it was part payment of an asset sale and the share price is still below the pre sale share price of that asset .

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Thanks Jophda. Never a truer post read.

CE1 Price at posting: 8.8¢ Sentiment: Hold Disclosure: Held
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