European Lithium, page-43

I see the Perth Glory cheer squad is becoming increasingly vocal.

I don't believe that anyone is suggesting that Tony is swindling investors. I think you made that up for effect.
However, if you trouble to read the annual report, you will see a woeful record of company performance over the last five years.
You might also conclude that the interests of Tony Sage and retail investors are not well aligned, since Tony Sage does not need any projects to be successful to continue to extract 7 figure compensation every year for the next three years from Cape Lambert.

Finally, regarding your comment about negative comment not being welcome here. In this, you are completely wrong. The purpose of these forums is to foster respectful discussion of ASX listed companies. People have different opinions, some positive, some negative, but all are welcome. If you can't handle a difference of opinion without getting all bent out of shape, then you should stick to reading CFE's investor presentations.

Best regards