We NEED a new Chairman., page-89

First 89 Last

Share
Profile

Follow
Roller62

8,980 Posts.

2107

02/10/19

09:49

Post #: 40678781
Share

Originally posted by dossantd: ↑

Obe Wan, I did have a warm relationship until I started calling out discrepancies with Management, they didn't like to be held accountable to shareholders, however they love the free preformance shares. Unfortunately because of that phone call both NF and I left on a sour note.

Nigel needs to be more transparent, it's as simple as that. He needs to say to the market we have a chair however we are delaying the signing as we want to ensure other pieces fall in place prior to his arrival. It can be as vague as that but at least we can read between the lines.

Secondly, if you watch his last two videos he mentions funding is not an issue. I call that BS... If funding is not an issue and people who are close to the action know there is funding then the SP would be higher. NF talked about funding last year and look where that has got us.

Yes the sector has changed and we are in a downward trend so we are not immune, however, as Horse keeps stating the value to tonne at present is way under true value even with a discount for DRC location.

The AGM is a few months away and now is the time for NF to start to get some runs on the board. It seems the only thing that this company can deliver on is when any external party delivers eg: the METS company around testing or the contractors that came in to do core drilling samples. I would love to know what they do all day over in their new Perth office suite.

Expand

Maybe plan what to do with all his performance shares

AVZ Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

SPN

Sparc opens small-scale green H2 plant in SA, but liquidity dried up

MTS

'Outperforming' Metcash books profits lift – even as illegal tobacco rocks sales

ASX Market Close: Virgin soars on IPO | June 24, 2025

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Virgin joins Greatland, VBX Ltd as IPO market heats up ahead of FY26

First 89 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

We NEED a new Chairman., page-89

Top Stories

Sparc opens small-scale green H2 plant in SA, but liquidity dried up

'Outperforming' Metcash books profits lift – even as illegal tobacco rocks sales

ASX Market Close: Virgin soars on IPO | June 24, 2025

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Virgin joins Greatland, VBX Ltd as IPO market heats up ahead of FY26

Featured News