VUL 3.74% $3.75 vulcan energy resources limited

Ann: Notice of General Meeting/Proxy Form, page-58

  1. 999 Posts.
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    I’ll be voting them up.


    Remember the biggest shareholder is Francis, so he is getting diluted just as well as all of us.


    Horst is absolutely critical in getting this to work in my view, based in Germany during this pandemic, working with as many advisers and government bodies as needed. It would be very easy to delay everything, but with Horst there the machine keeps on turning. There needs to be an incentive for him to keep pushing instead of just taking his foot off the gas and saying it’s all slowed due to covid.


    Gavin will become increasingly important for the project with his finance background, this isn’t the standard mine so putting together complex funding packages to get this project off the ground is where Gavin will show his worth.


    There are some aggressive share price targets tied in to the performance hurdles. If the price is up 225% and Vulcan have a DFS, PFS and funding/offtake secured, then the company is made, so everyone should be happy!

    If Vulcan don’t get there, Gavin doesn’t receive anything anyway.


    There has to be an incentive, pay peanuts, get monkeys. I’ll be voting everything up, projects and teams like this rarely exist on the ASX, take a look at what is being formed and go from there.
 
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