How to Improve SP
The current doldrums aren't helping for sure. But with multiple NRs of great drilling results, validation by favourable PEA, more lbs to be added, we're still where we were 2 years ago.
Part of the answer must be the market's uncertainty over where the company's money goes.
16 million and change over 3 years is excessive for any company this size. Who wants to buy more when a big chunk of the proceeds aren't spent to advance the company, but to line the managers' pockets? And all those financial firewalls to protect themselves from being dumped for poor performance? DISGUSTING. In the real world we earn our rewards, instead of guaranteeing them to ourselves no matter how selfishly we abuse people's trust. 1%, my foot.
How about the CFO grows a pair of real balls, and declares a limit on options, travel plans, bonuses etc and ties perks to performance and SP? And issues transparent quarterly accounting of where money is spent, and by whom? Maybe financing will be easier to come by.
Maybe the rebellious among us will shut up and let DR redeem himself. Let's see something from HQ, in writing, that restores our trust before the AGM. None of us who actually have our own money in this wants to see anything like 2015 repeat itself. No, I'm not selling.