I am wondering why don't they get taken over? I am sure there are Canadian companies with lots of cash and mining expertise who could do a better job then the current board, who has limited mining expertise in terms of engineering. Jackson (non-executive) is a process engineer, who has not worked in the field for 22 years. Rowe (non-executive) has mining expertise. Edwards and Govey (executive) are geologists. Rowe at a salary of $35K won't put much time into technical advice. Edwards and Govey run the company.
I honestly thought this was an easy project to bring on stream since the mine was open until about 15 - 20 years ago.
There is lots of scepticism in the market about RED and the board does very little to change this.
cap raising, page-6
Add VAU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
33.0¢ |
Change
0.015(4.76%) |
Mkt cap ! $2.244B | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 31.5¢ | $6.072M | 18.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2653318 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 808352 | 5 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| VAU (ASX) Chart |