Why Peter has to go, page-5

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jaypol

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26/10/19

12:13

Post #: 41078806
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Originally posted by asculpeous: ↑

Asculpeous has been a supporter of Peter until he took his huge salary at a time when the company was short of funds.It is now becoming apparent that the plot has been lost and if we're not careful will end up in administration.

Please please do not put anything defamatory on this thread:just facts, or flag something as your opinion..
It is important we voice our concerns in a rational and thorough manner.

Asculpeous is not expecting any change from the company as their ears are closed and it is treated as Peter's personal empire.

With a rational plan that stood by it's time lines,this would be a 20c SP today (IMO-am happy to expand on this)
Pre-empt has had the balls to do something.
We should hear more of what he intends to do in the future.

Lets catalogue number our complaints :
1.Vanadis float.
This was promised Dec last year from memory.It should have gone off just to relieve the company of its continued funding requirements.
We heard that brokers had been consulted.
We here talk about battery industry but NorthVolt is Lithium at this stage,
we hear nothing of the rare earth endowment e.g neodynium
Even a 20 mill float as an advanced stage explorer and AEE holding 51%,although a comedown,would mean we have a more valuable AEE.
In the current market,what is being put to us is delusional- could have worked in better times,but management is in a time warp and it's time to get real.

So company faithful please add to point 1, and add your own points. Asculpeous does not want to hog this thread, but please post if you have a gripe as this is your company going down the gurgler because of inept greed (IMO)

Expand

how does the board allow Peter to take a large salary when company is struggling fundwise.

it seems wrong from all angles. What has Peter done to justify his salary.

my opinion is his values do not sync with what is right but to first amd firmost build his own bank balance at shareholders detriment. what a clown and sham.

Last edited by jaypol: 26/10/19

AEE Price at posting: 0.6¢ Sentiment: Sell Disclosure: Held
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