Appreciate the well thought out input. I've been in this stock for 7 odd years, so the idea of "everything is going to plan" might differ for me, if that's OK. But he, you just do you. Out of the
hundreds of stocks I've owned, there is not a
single one that comes
close to the continued dilution (and how it's been done) of this one, with salaries and directors fee's
never seeming to budge, despite
what real breakthroughs (except I believe when VA took a bit of a haircut during COVID)?? I mean, the thing absolutely
crashed when the holy grail BFS they all spent 5 years creating came out. That's just a fact, and the folks that we're all hanging our hat on for this company to succeed. This company was supposed to be
MINING a few years ago, not having absolutely no timeframe in place in
2022. That's the date
management wrote year after year, not me, and used it in presentations to attract new investment!!!!!!! Did they really have
that little idea of what they were looking at
?? Or was AVL (in WA by the way) the
only company I know that
couldn't get a thing done for
3 years because of COVID? They're not a local council are they?
Nah, if it walks like a duck and talks like a duck, 99% of the time it's a great big duck, kind of like what I sense when reading your posts. I've got a few shares still that over the years I've whittled down to owing nothing on. Obviously not as many as you Yoda, but I'm just an uneducated ex Top 5 holder in this company, so I'll bow to you're extensive knowledge in all things vanadium. Should I sell them now with how I feel about the company?? Probably!!! Especially when I
honestly believe that my 13 year old could not only get the funding through people she goes to BBQ's with, but also talk to the guys on Hamilton Island and get a vanadium battery up there (even on loan until they saw what it could do).
These last 2 capital raisings told me
everything I needed to know about what's actually going on now behind closed doors, and I had a fairly good view before. You've no doubt been too busy posting pro vanadium
articles on Hotcopper to have paid much attention to those sorts of things though. Never in my investing life has a company slapped long term loyal shareholders in the face like this mob did. Some may see what unfolded my way, and some no doubt will disagree (that's your cue). However, let me tell you one thing, as much as I may like a company like Tesla for instance, there is
no way that I want the guy designing the cars to be the CEO.
Never again will I invest in a mining company that doesn't have a
pure finance individual as the CEO. Oh, and one that I believe would
ever act in a manner that remotely resembles those last two cap raisings!
NEVER !! But keep on rolling folks until they dilute the company a further 15% at say 3.5c a share with a free option to some boutique company in Perth. No doubt on the
strength of the deal huh.
See you in another 3 to 4 months when I come back in to read all the latest accomplishments. Shame it most likely will be trying to figure out the terms of the latest cash grab.
(20min delay)