I prefer a single malt whiskey rather than wine but I understand your frustration. I too have been a long term holder in this company and have seen to go up and down like a yo-yo and I get how frustrating it may seem. I even had a go at the board regarding the last capital raising and the way in which they handed out the options to "major" investors. However, I do agree that the board have taken their time in making this mine a reality and I too question when this is going to happen.
It has taken a a while for things to happen and yes the board and management have made promises regarding dates of things and "yes" they have changed those dates or "moved the goal posts" but at the end of the day the assets in the ground are what counts.
Yes I agree that we should already be mining and selling ore and that had we been takin over by a larger company this would have happened a lot faster and with less "red tape" but at what cost to the shareholder ?
Do I believe in the company and it's assets ...... YES ...... am I 100% confident in management .......NO...... time will tell and unfortunately nobody has a crystal ball.
It would be nice if management actually told us more about where things are or how they are progressing rather than deciding when the next capital raise is going to be so that they can give themselves more shares.
Think I will have another dram now.......
AVL Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
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