AEV 20.0% 0.6¢ avenira limited

AEV Management

  1. 224 Posts.
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    Hi all, first time posting.

    I just thought I’d express a concern of mine regarding AEV and see what others have to say.Based on the Quarterly and past updates I get the feeling AEV are more focused on Gold than on phosphate. This company has clearly been in the doldrums for an exceedingly long time and to me this raises concerns about the managements objectives and commitment.I feel the market isn’t that interested in Gold at present whereas phosphate is on fire. I’d like to see management give clear messages as to what they intend to do with Wonarah. I think messages need to be delivered to market ASAP, while there’s interest in phosphate. Does anyone know what announcements the market can look forward to regarding Wonarah?

    I hate to say it but I think there are many companies on the ASX who have fantastic resources but apathetic and/or incompetent management and so the share price goes nowhere. I’m not saying this is the case with AEV but the poor share price over such a long period of time sure doesn’t inspire confidence.

    Please don’t see this as a down ramp as I think a $20M market cap for a phosphate resource of this size and quality is dirt cheap.

    Thanks.
 
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Last trade - 16.10pm 29/04/2024 (20 minute delay) ?
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