AVZ 0.00% 18.5¢ avz minerals limited

Running discussion on SP, page-15956

  1. 661 Posts.
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    Can concur with the aforementioned.

    not sure if RAF just likes being an echo chamber or just completely jaded.

    In all honesty the retainer is 2/5th of f all. When you consider the drilling cost can be 5m+ in a quarter you wouldn't even notice 300k extra lobbed on there. yet old mates concerned about 300k a year. it's clear the board lacks experience with commercial exposure, they could have easily run with another a non exec director for the last 2/3 years. paid them the same fees and eyelids wouldnt be batted.

    IMO avz has a fairly lean corp structure and the current arrangement is actually the most financially astute.

    ML has more skin in the game than almost any other individual. If people think the guy or AG isn't breaking balls, and bending over backwards to get things moving and have his personal $1m+ investment worth $12m and more again, then they are completely deluded.

    his personal gain on AVZ back at 37c would be the equivalent of the retainer for the next 35years. safe to say where the focus would be ay?

    no shortage of armchair experts here
    Last edited by setfire2thehive: 17/03/19
 
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