The Kuglers & management are worried about the trough running dry. What well have they drilled in the last 2 years that has met the promised production targets or is producing profitably? Unfortunately at the current prices, & they are not likely to revert to past levels anytime soon, this team cannot even generate enough $ to pay the running costs of the company. They need to sell everything up & distribute the $ to the SHers instead of wasting it in a continuous stream into their pockets.
- Forums
- ASX - By Stock
- Ann: Capital Raising & Rights Issue
The Kuglers & management are worried about the trough running...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)