AW1 General Chat, page-3633

There are acceptable/palatable reasons for 'selling' shares as a director, but only a few.

And usually, unless its a dead sh*t company, some commentary is offered by the company as to the reason(s).

At face value, he sold a significant number of shares (perhaps some of his free shares) for a price that was approaching the 12-month low (and below the share price at the time), in advance of important assay results being released to the market.

There is a reason that directors are required to issue these disclosures to the market - it's not unnecessary paperwork of no value. There are reasons why director are not able to buy and sell shares within a window around material announcements.

Directors are in a position to be - by law - the ultimate insiders. Is insider trading good for other market participants? Of course not.

I'm not being emotional at all - perhaps you are.

So I stand by my comment - not a good look.

Same with the company promising things that it does not end up delivering on.

Feel free to change direction if the circumstances warrant it - in the interests of the company - but explain why that change was made because people make investment decisions on what the company tells the market it intends to do.

This company could and should do better.