This is a very bullish smoke signal and should be very...

This is a very bullish smoke signal and should be very reassuring for all WSI shareholders IMO.

"The Company has agreed to issue the Company’s Chief Executive Officer, Robert Spadanuda and the Managing Director of the Company’s subsidiary SIMPEC Pty Ltd, Mark Dimasi, with 13,333,333 Shares each (at a deemed issue price of $0.015 per Share) in lieu of salaries owing to Messrs Spadanuda and Dimasi for the period July 2019 to June 2020"

So, the two main management personnel running Weststar are both forgoing $200k worth of salary to receive shares instead at 1.5 cents which is obviously a premium to the current share price! There's just no way they would do this IMO unless they had an extremely strong conviction in the future success they are building here! This isn't a lifestyle company but a legitimate business trading at half price to its existing fair value and a mere fraction of its likely future potential!