VAN 0.00% 4.7¢ vango mining limited

Hi Creative yes it has been a long time and unlike Directors of...

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    Hi Creative yes it has been a long time and unlike Directors of the past the current Directors are applying to have shares issued in replace of wages and fees that would been paid for in cash. IMO This is good cash management. It also underlies the faith they have in the future of the company. If you also look at the breakdown the sentence relating to trades, drillers and suppliers (service providers) are also taking shares in lieu of cash. This is also another encouraging sign from the 'tradies' who represent us on the front line. Besides all shareholders eligible were entitled to take up to $30k in the SPP. Having said all that I hate CR and SPP's as it just bleeds me dry to stop the dilution . However I have come to learn the older and uglier I get that it is a necessary evil in the development of multi bagger small cap high risk company. Otherwise I should have put my money in with Barrack Gold or Northern Star. Re Chinese funding risk please read previous post of 2 days ago.
 
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Currently unlisted public company.

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