AZS 2.27% 32.3¢ azure minerals limited

My reply to this ridiculous attempt to justify Tonys fat pay...

  1. 2,102 Posts.
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    • My reply to this ridiculous attempt to justify Tonys fat pay highlighted in bold
    • Promontorio/Cascada with an option to Rio Tinto was not a company changer. FAIL!!
    • Sara Alicia - was always going to be a gamble with only such a small land holding but what grades from a cheap deal. FAIL, and yes a gamble at our expense!!
    • The Jury is still out on Alacran where Teck are spending significant coin to decide if they want back in or return what may be a small company Ag/Au maker to AZS. Our only hope!
    • Oso Negro - a cheap back burner acquisition IMO gains a lot from nearolgy, albeit 30+- kilometres from several similar Ag/Au deposits and the second largest Cu mine in Mexico. What ever happens here will cost shareholders massive dilution, so if you count Oso Negro as potential you will need to hope that we become cash flow positive prior to money even being spent here..
    • Opasura whatever you or the doubters here think is potentially a valid mine that only time will show. Again no hope for current shareholders as the dilution to even make revenue here will be catastrophic, so if Teck let go of Alacran you would all be better to sell your shares and rebuy after the massive dilution that will be needed to get Opasura in play...
    • Who has created the above opportunities? Have many other similar outfits come up with better prospects and potential JV partners?- some but not many.... come on really, so you think the $600K++ (not $300K as yoy mention)in salary and bonus's is justified due to the above?... there is no return there for current shareholders other than Alacran... if Teck let go of Alacran than Azure will eventually go back to the old register of over a billion shares on issue... And no where am I convinced that Tony is driven to make revenue... he is over paid and laughing at us...
 
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Currently unlisted public company.

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