Ann: Future Facing Commodities Conference Presentation, page-33

Interestingly, I’m reading a book at the moment called “23 things they don’t tell you about capitalism” by Ha-Joon Chang.

It attacks free-market economics and highlights a quote from the inventor of the phrase “shareholder value” Jack Welch who went on to call it the “the dumbest idea in the world”.

https://edition.cnn.com/2014/01/24/business/davos-shareholder-value-is-dumbest-idea/index.html#:~:text=up%20the%20pieces.-,To%20paraphrase%20Jack%20Welch%2C%20the%20legendary%20ex%2DCEO%20of%20GE,dumbest%20idea%20in%20the%20world.%E2%80%9D

Utlimately Teddie you and I are not really qualified to make these calls. You have your opinion cash burn is too high which you’ve posted repeatedly with no evidence other than comparing to small gold operations 10 years out from mining

AVL’s cash burn is no higher than other companies that have brought large mines online in the last ten years. I sound like a broken record but it costs millions to

1) pursue midstream and downstream opportunities (batteries)
2) progress mining plans, permitting etc.
3) maintain the professionalism required to receive capital from government and others (safety plans, HR procedures, emergency management plans, BESS spec sheets etc.)

If AVL were to read the peanut gallery on HC and reduce spending they’d sack heaps of staff (easier for any company to reduce expenses than increase profits), kill employee satisfaction, slow down the development pathway. No informed and logically-thinking shareholder wants that.

you’re not even a shareholder here, and I don’t think your recent posts are informed or logical, they read like someone who did their dough here and is bitter about it


lets see where the share price is at 30/6/26 buddy. My guess would be over 20c share at a minimum with FID for the mine achieved and battery projects well underway.