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Ann: Volt to Advance Active Anode Plant DFS in 2023, page-35

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shawn34

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17/01/23

14:20

Post #: 65734054
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Originally posted by HuntAndGather: ↑

It’s very clear that all the directors including Asimwe and Trevor and other directors need a massive pay cut considering the lack of execution and considering the market cap is so low. RNU director is on $440,000 and justified as he has delivered a $647 mill MC. But Trevor and Asimwe have done nothing for us.

Asimwe has invested over $4.5 million in VRC but gets payed $290,000 a year as chairman so actually he is receiving a 6.5% return each year whilst all other share holders are sitting in loss.

The same goes for Trevor Mathews who makes $400,000 a year doing absolutely nothing for the company except spending money on projects in war torn countries.

It’s clear that these directors need to be cut back 50% plus of their current salaries.

Do you know who outvotes them and that’s the top 20 share holders. They could easily call an extraordinary AGM and vote for reduction of salaries and or removal of certain directors including Trevor.

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i am not a top20 but i urge the top20 holders to take action and put in vote to cut down wages of directors and get rid of their performance shares.

VRC Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $18.71M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
47	30660780	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	2953766	6

View Market Depth

No.	Vol.	Price($)
47	30660780	0.004
15	15740476	0.003
14	20741525	0.002
10	25167000	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	2953766	6
0.006	20711305	29
0.007	6892551	8
0.008	5295275	10
0.009	5271149	7

Last trade - 11.28am 08/07/2024 (20 minute delay)

VRC (ASX) Chart

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