The new board appointments and the use of the term projects plural in the annual report are a possible a clue to management's contingency plan in case we need to go the distance at the ICSID. Nigel has said previously 'we can find another Manono' and we have a lot of new ties to Tanzania all of a sudden. There are litigation funding arrangements available that would certainly classify as 'alternative' that would allow AVZ to focus on new operations. We can return to trading whenever the bod updates the market about our mining rights and answers the other outstanding questions from the ASX. Share price wouldn't be pretty tho imo
Let's be honest though, the wages drawn have been fucking insulting to those paying for those wages (Us). Wages for NOTHING so far. Wages for PAIN?
That's all current shareholders have, pain.
It is a good message to send to BoD and I am about to change my vote to against for resolution #1, but I'm having this conversation to see If someone can convince me otherwise.
They'll have to be responsible not to get another 25% vote next agm wont they?
Honestly, how the FUCK are they paying themselves amongst the top wages for board members ASX wide, while producing absolutely SQUAT!?
ZERO! NOTHING but absolute agony and pain for shareholders????
Fuck sake man.
They need their heads and asses slapped BIG time.
They already have enough in performance shares, to give them incentive to succeed.
THEY ALREADY HAVE ENOUGH INCENTIVE!
If they need extra bonus to continue working, then it means they dont believe they can succeed.
If they need bonuses to keep working, it means they don't see any value in their performance shares.
It means we're all fucked.
If so, fuck them too!