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thats a huge friggin bonus

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Drac

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22/12/23

20:08

Post #: 71598007
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Originally posted by dawgfather: ↑

The material item in this meeting is the table below.

I'm a big fan of corporate executives being remunerated based on performance (rather than arbitrarily through the payment of a guaranteed salary regardless of performance), however the hurdles need to be actual hurdles and not just box ticking exercises.

The proposed hurdles are (lodgement of the DA, approval of the DA and FID approval).

While these are all important milestones to reach (and to reach as fast as possible), I view all of these hurdles as almost certainties (unless the spod price literally goes to $600/T - in which case management performance can't do anything to save the FID anyway).

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thats a huge friggin bonus

LRS Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 26.3¢		Change -0.003(0.94%)		Mkt cap ! $742.9M

Open	High	Low	Value	Volume
26.5¢	26.5¢	26.3¢	$33.73K	128.0K

Buyers (Bids)

No.	Vol.	Price($)
28	635683	26.0¢

Sellers (Offers)

Price($)	Vol.	No.
26.5¢	276904	15

View Market Depth

No.	Vol.	Price($)
25	589420	0.260
14	496288	0.255
14	1078530	0.250
14	1122396	0.245
16	406654	0.240

Price($)	Vol.	No.
0.265	302441	16
0.270	1512047	31
0.275	1900743	22
0.280	7293245	30
0.285	231315	9

Last trade - 10.25am 22/05/2024 (20 minute delay)

LRS (ASX) Chart

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