AVQ (ASX) Ann: Australian Nickel Conference Presentation-AVQ.AX

Originally posted by charliek ↑

Hot Investor

No I can't blame you but people continually bitching and whining about everything that happens will change nothing.

We all have 2 options, get the hell out of dodge or hang in to see where this goes. I've made it clear what my intentions are and they are based on the first round of drill results. I am not exactly thrilled about having a substantial amount of money tied up here for nearly 6 years but I've made my choices and I live with them. Yes Ryan has made a few errors in judgement but he is also not infallible and the COA decision certainly took everyone by surprise except of course all the Nostradamus types on this forum. Could Ryan have foretold the outcome , I doubt it , was he a bit trusting when the SIG told him kolosori would be resolved "soon", yes and that's why he made the decision not to immediately go to SJ. Should he have gone immediately to SJ, yes but I bet you 8 out of 10 people in his position would have made the same call.

Again I say everyone has a choice what they do from here. Do I think there will be another CR, yes I do but if it means we are mining by May, I don't care. I just want this company to succeed.

Sorry about the rant everyone but enough is enough. Let's start talking about some of the positives instead of beating up on Ryan and Avq all the time. It's become boring.

Anyway have a good day everyone

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The guy gave himself a 100%+ salary increase of $1M in 2015, when there was legal fees from the CoA and Isabel tenement was in doubt (and they still spent $9M on exploration cost for that year).
The CEO of MBN, which has a $500M+ USD infrastructure and 130Mt+ of JORC sulphide nickel ore and was only earning $200K USD. CEO salary of $1M are in the range of small blue-chip stock!
Not to mention even my DD indicated there was a potential issue with the PL, given the other clans/tribes were making noise that they were also the rightful landowner of the custodial land. It's about showing leadership to the shareholders and more importantly the market, cut your salary to $200K and implement some risk management.