current management is throwing carrots for 3 years shouldnt give them more time, heads need to roll off
only option for pvr to survive from the brutal fall of oil price is to remove all executives n staff except one or two and stop farm out negotiations until days are sunnier. in someone its good as the company still not producing oil n experiancing losses from that front if cost to extract oil exceed market price. d
Can someone on iii ask Jimmy 1. Did he attend PVR farm out data room if not how did he get the info 2. Which companies he affiliated with earlier 3. If he doesn't hold any PVR shares why is he spending so much energy n time. When there is bad times he sends blogs with more pessimistic views to drag it further. Regarding management not buying stock in open market, they have briefed in press briefings few times their inability due to farm out negotiations which are underway will restrict them due to regulations; if they lie in press briefings won't there be legal implications to mislead everyone. Any comments on this are welcome please
It's good to see Jimmy stopped his noises since there is a pushback for all his comments
Hi Spuddy, the salaries of PVR board way beyond their performance and they are burning cash and company will be on its knees. Pvr board need to be aggressive in salary cuts
May be but question is how come so many shares are available for someone to buy
How come so many shares in the market, 2 weeks back I read people struggled to buy 10000 shares now all of sudden so many. Something fishy