Quote:
Originally Posted by nik-
She also added the fuel of a royalty review onto the fire of tanking oil prices. She wasn't a disaster, but lets not pretend she was good.
|
Has anyone been able to quantify how much that actually affected us compared to past royalty reviews? It just comes off as rhetoric to vaguely claim that it made things worse without providing any context. I’m not trying to dismiss the claim, I think actually providing data would help others see your point because the easy counter argument would be that given the direction the market was going it’s unlikely that the review was much of a factor since the market conditions had already convinced investors to hold off.
If there is data to suggest that reviews lead to a significant decrease in investment, the question then becomes whether it’s best to do these reviews when the market is poor and we have the least to lose or if it’s best to do it when the price of oil is high and we any lost investment is exponentially more costly.