The SPP is going so poorly they are calling shareholders up to support, very embarrassing. These guys better have a good look at how badly they’ve butchered this so far and realise they need executives on that board with better capital management/ and corporate strategy and marketing skills. I understand we will reap the benefits of these operations guys when this things up and running (if it ever does) but it’s very obvious they need support where it counts at the moment.
Asking shareholders for money to support the cash burn on these $450k + exec salaries right before permits decision was to be given was the wrong move.
Share price was just starting to find its feet on anticipating some good news. What a shame.
Let’s hope they can start to deliver.
VHM Price at posting:
42.0¢ Sentiment: Hold Disclosure: Held
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