AVL australian vanadium limited

Performance shares for Directors?, page-4

  1. 1,667 Posts.
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    The project is at such a key stage where every operation (BFS) is going to suck resources. At least a year off serious funding discussions if BFS is on time for mid 2021, they just completed a cap raise not long ago after a pump that only hits retail buyers and long term holders,,, and it is just at a point now (ANYONE could read this room, except Vince), that long faithful shareholders are losing patience with the timeline (and how it equals dilution), and know the wait is still long for a payoff.
    It's not the time for pat on the back performance shares of any sort. Accepting it as 'just the done thing' is not acceptable.
    Vince has been at the helm a long time, but I think a message needs to be sent... He may make instos happy who hang around long enough to cash out, but who's left to keep propping the operation up?

    I keep looking for entry places to get back in, and although they keep being offered, the message sent by Vince isn't often enough a positive one for a retail investor.
    Last edited by RhysT: 27/10/20
 
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