18 thoughts on “Time is Money”

  1. are the so called independent do nothing rent seekers ( i mean board members) personal liable

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  3. Why doesn’t TPL SPIN OFF the water business to shareholders while the main business (the land company) reverts to a tiny staff and two board members while liquidating over time–either through buying back shares and paying special dividends.

    WHAT NO ONE WANTS is for TPL to overpay for an oil and gas company in a declining industry. Let’s face it where will oil and gas be in the year 2550?

    You do NOT want to turn a low/no cost royalty company into a capex guzzling operating company. You want rising revenues with no or low costs in an ever increasing inflationary environment. Current management/board has proven itself inept at allocating capital. Who is stupid enough to spend $16 million to sue yourself?

    Why didn’t the Board members represent themselves in court pro se?

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  4. so what is actually the outcome of all that legal activity? in my opinion, it seemed like nothing concrete was achieved (at least that is legal binding)? or am i wrong?

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    • As far as I can tell we are all still waiting for a final decision to come from the judge about whether Stahl are Oliver were within their rights to vote against Prop 4, thereby killing that proposal once and for all. When that day arrives, I anticipate some bump for the stock price to get out of 52-week low territory because institutional investors will have better sentiment for stock’s value proposition and its incredible assets (despite the crap management/board who keep trying to kill that golden goose).

      What is taking so long for the court decision is a mystery to me.

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    • Thanks for the docket. I don’t think it’s a Q&A though – it’s “Post Trial O/A”. That’s probably oral arguments for a post trial motion. Any actual lawyers here that can confirm?

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      • According to chatGBT:

        “Post Trial O/A” is not a commonly known term, and I am not sure what it refers to without more context. However, “O/A” could stand for “oral argument,” which is a hearing where lawyers present their arguments to a judge or panel of judges in a case.

        If “Post Trial O/A” means an “oral argument” that takes place after a trial has concluded, it could refer to an appeal or a motion for a new trial. In an appeal, the parties present their arguments to a higher court, challenging the ruling or decision made in the trial court. In a motion for a new trial, the parties argue that there were errors made during the trial that require a new trial to be held.

        It is important to note that the meaning of “Post Trial O/A” could vary depending on the context and the jurisdiction. If you can provide more information or context, I may be able to provide a more accurate answer.

        So it seems like its a showdown between the two sides…. gosh this just simply means the legal bills are mounting up yet again………SIGH!

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