The ERM led crusade to unlock SHV has been a fiasco in my opinion. They may well have achieved some amazing operational success with the RG Gas Plant but in terms of improving SHV by way of an increased SP they have failed.
I want to see some return on my investment.
They were far too negative for too long and now their positive attitude is being viewed sceptically.
They need to either buy back shares with current cash flow ( the next drill is fully funded with $10 mill in the bank ) or pay a dividend.
The profit the the RG gas plant is currently producing has to go somewhere and at the moment I would rather have it in my hands.
Cheers and good luck,
Simonmag
Share Holder Value (SHV)
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