Ann: Annual General Meeting Presentation 2019, page-243

Wow.. If that letter is real it is very disappointing..

Let me paraphrase..

1) I went to the east coast to shore up CVN stock with institutions.  Nothing happened.
SP down 2c this week.. Be patient..

2) I'm not prioritising selling a stake in Dorado or Buffalo; or working out a way to bank/debt fund Dorado development to avoid a cap raise - I'm sitting around waiting to access "data".
Be patient..

3) RE: Buffalo - I promise you I'm doing something.  Be patient..

4) Dorado is big.  Apus & Pavo could be bigger.  Be patient..

5) I don't like the shorter - so I wrote to the ASX.  I'm sure that will help.  Be patient..

What happened to the "think different" company?

This is what Adrian did not say in the letter..

A giant short fund VINVA has worked out I LOVE TO CAP RAISE.
Its my "go to" move.
VINVA have made a giant AUD18M (53M share) bet that I will not deliver any "value generation" before the STO / Dorado Feed and I will be forced to cap raise again making them rich at the expense of me and my shareholders..
I can promise a lot of things that may or may not happen but I know that VINVA are going to be really patient..