I have no doubt that good potential for oil and gas exists around NZ.
But sadly in the obvious absence of competence of this board and in view of the recent likely possible write down of millions and dilly dallying there has to be some real solsearching.
Will probably take 12 -18 months to see whether the co. has the wherewithal to stop the steady decline, or to match there inflated remunerations and return it to anywhere near the brilliant future of 3-4 years ago.
Something that is difficult to envisage with the present mix and approach of an overrated management.
The saying; A fool and his money is easy parted, may hopefully not come true, although they are on track to make it so.