That was the exact same production level, or higher, when they bought it 3-4 years ago and then spent 10's of millions working on it (that was the CEO's "paying forward" biz plan). I would say the CEO has failed miserably by spending a $100(?) million on various pet projects over the last 3-5 years without achieving (to use his words) any commensurate (they are supposed to go hand in hand) increase in production, cash flow and operating profitability. And to make it worse, the share price has absolutely eliminated many $100's of millions from shareholder's pockets with the share price going from teens to $1.5 during all that "paying forward" malarkey. It truly is unbelievable he is still "in charge".
TIV and its management/Directors are truly a joke. JMHO. LOL
Geo