The nexus on this "treading water" argument needs to be broken. Deafening silence from management not helpful. If management come back with something other than a cap raise or a low ball buyout offer and anthing other than we are marching on valiantly to stanley without a date and ambiguous project funding methods, then pay them. Else someone else needs to be brought on to break the nexus and shepherd the recovery to profit for shareholders.
Enterprise Value/brl 2P reserves, page-5
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