Ann: Annual Report to shareholders, page-3

Well yes it's very positive...although what else would you expect, a slightly negative report??
I remain an optimistic holder but have two concerns. Firstly progress is slow. In fact it's glacial. Secondly the MD received total remuneration of AUD 970,000. What does he actually do? Plenty of platitudes about possible corporate transactions but no mention that I could see about any concrete interest.
Sorry Lopez but neither of these measures compares favourably with your other favourite share NEU where the executive chairman is paid half of our MDs payments, and has made more progress in the last year than VLA has made in the last 5.