A couple of comments on your questions
Why does everyone assume the negative when there's a suspension?
A: Because the disclosure of this company’s management, is under current questioning, by none other than the market controlling body – ASX Listing
A perfect example of this is the retraction of statements on Burraga that go back to 2015, or possibly further.
Why would you think its bad news when we just got sub holder notices for picking up over 20% of the company...? I guess some people just love the drama, most likely those same people who have "issues with management" since they were burned on EYM.
A: One of the sub holders was paid $75,000, and the company has diluted existing share holder wealth, by over 100%.So we have double the shares and options, and existing shareholders have lost 20% control of the company. Monies voted on and raised for existing project advancement have been diverted.
Benefits of this are yet to be seen, or even finalised.
No word on drilling of Burraga, as per company focus less than two months ago.
Actual cash burn on advertising, corporate and consulting fees, yet to be disclosed.
HDY has made some really great progress on these vanadium plays recently, and from what I can tell management are trying to move this in the right direction, and yet reading the forums here you'd think it's the same old key management personnel from over a year ago - why jump up and down demanding answers when you've got progress and potential right in front of you?
A: Terence Clee – Current Executive Director. Was a Director at EYM – 19/5/16 Appt
Robin Armstrong – Current Non Exec Director. Was a Director at EYM – 19/5/16 Appt
James Ellingford – Resigned this year after the AFR article. Resigned 20/4/18 approx
Current director at VIC (to the best of my knowledge) Director at EYM 19/5/16 Appt
Robert McCauley – Current Non Exec Director Appt 20/4/18
Was Executive Director at CMY, 2004-2015.
James Ellingford was at CMY between 2013-2015
The ASX does not exist as a game for your digital numbers to just go up and down and turn green, it's a securities exchange for real companies that are doing real things on real projects in the hopes of real outcomes - I think people lose sight of that sometimes and just expect to know everything at all times because they are the centre of the universe.
They have been going to do something with Burraga Since 2012
The Capex they keep mentioning on processing the tailings, was finalised and ready to go in 2012
Horseshoe Lights lease? Did you even know we hold this? No progress at all since 2014/15
Bellary Dome – 12 months to maybe start doing something. Oh and where was the announcement indicating the new consultant Geology team, or the resignation of the existing one.
Grace Project – Follow up Drilling??? Supposedly this quarter?
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