I'm still hanging in too BeeJaye despite 6 + years of torture. I am now teetering on the edge of the escape cliff though.
I can accept bad news and so-so news as it's a consequence of my decision-making ('be responsible for one's own actions' life philosophy), but where I don't get told on a reasonable basis as to what the company that I own shares in is doing, then I must have serious doubts as to whether I should keep that investment. I'm at that point!!
As we all know, the CEO (supported by the Board either tacitly or expressly) has not deemed it fit to let the shareholders and the general market know what has happened with the potentially critical drilling that commenced 2 months ago; not one piece of news - zilch!!! If he and the Board think that this is fair and reasonable management and governance, then they are completely out of touch with commercial reality and market sentiment.
I'd love to see a change at the top - clean sweep perhaps!
This is the team that has also let go one of the Bryah Basin's most experienced and knowledgeable geologists, namely Richard Pugh. How could they let that happen?
This is the Board that promoted and wrongfully obtained imo extremely generous Performance Rights for its members and the CEO. OK, the CEO needed an incentive scheme according to his employment contract, so he deserved to get PRs but not ones that were sooooooo generous. The members of the Board fed themselves the same PRs, and undeservedly so.
I'm sick of them all!
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