THB 12.5% 1.8¢ thunderbird resources limited

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  1. 732 Posts.
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    The knowledge about this company unfortunately is not going to bring you any good news.

    - Raised oppies and they were not in the money because George promise a drill in December 2021 that only started in 3 months later
    - Proceeded with 2 CR's and extra dilution (over 4B SOI)
    - Fail to commit to any deadlines
    - Found zero U in Canada (cant even say this is a U stock) and have no money to drill anything at the moment.
    - Long term people in the company left after 2022
    - Management pay themselves high incentives although they have shown poor results.

    I would say , like many others in the ASX, VAL is a lifestyle stock to pay good salaries and take money from retail investors.

    I hope all the best to the holders , but this is my knowledge about VAL


 
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