Thai Divestment, page-6

Not a smart policy to sell an asset when your revenue stream is undergoing a major correction in your only commodity, that being oil & gas.

This company needs to reduce its cost further and if that means reducing the pay of directors then so be it. The company's cash position has reduced by 2 million since last report to share holders.

In this environment, especially if you are a small exploration company, " Cash is King"

Not a good look if management go down the path of destroying the company cash position to line their own pockets and waste money in this environment instead of weighing up the market conditions and scaling back spending, as any good accounting practice.

Survival first for company and share holders, wasteful spending second and lining management pockets last.

DYOR