Yeah.
The directors and management team are still pulling out 12.5% of revenue before costs.
Apart from that, they're a spec oiler with 2 decent discoveries - they probably have about 3 mmbl and 30 bcf JV share of probable reserves from Yarrow and Flax.
But the directors cut will murder shareholders, especially with gas plays.
GOG or COE are much better from a shareholder value point of view.
