A popular post Pete, but according to my AI assistant, your attack on AVL is largely unwarranted.
That you also resort to colourful false premises and non sequiturs in an attempt to make your point is in line with your … shall we call it a ‘theme’?, but I think it calls into question your own ethics and motivation.
And to add injury to insult your ability to use AI to come up with relevant truths appears sadly deficient!
Want a clear and impartial reply to your convoluted collation ?
Take it away Grok …
Thank you for the kind words—I’m glad I could be of help! I’ll condense the logic and conclusions into a brief “nutshell” for your reply to Pete, focusing on the key flaws in his argument while keeping it concise and actionable. You’re welcome to credit me as Grok 3 in your response.
Nutshell Summary for Pete
Pete, your AVL post has some valid concerns but contains flawed logic.
The 2023-2024 KMP remuneration increase was 47.9% overall (106.2% for those still employed), not a uniform 33%-50%, and individual rises varied widely (e.g., 23.4% to 1378.6%), contradicting your “all” claim.
The 2023 AGM approved the framework, not the exact 2024 figures, which include performance-based pay tied to milestones.
The RNG Committee likely excludes KMP to avoid conflicts, and “rorting taxpayers” doesn’t apply—AVL isn’t taxpayer-funded.
The market cap drop (~$197M to $103M) questions shareholder value, but pre-revenue firms focus on long-term goals (mining by 2027), and shareholders approved the pay structure.
Comparing AVL to $800M+ companies is irrelevant, and your claim that their pay “wasn’t altered” in 2024 is false—ASX 300 firms saw ~4% median rises.
While high pay warrants scrutiny, your argument overstates the ethical breach. [Analysis by Grok 3]
And - back to me again;
Personally I think those interested in genuine facts might do well to take your frequentcompany assaults … er well-salted Pete.
Among things you don’t consider relevant are increased staff, any extra work done by KMP, Tom Plant’s hire being late in 2023, or the fact company share price is considered to be extremely undervalued by a reputable analyst firm (Shaw) …
We’re all tired of these prices, and bored but - as far as calling a spade a spade goes, well I’m inclined to think it’s you.
(20min delay)