I agree. Marketing this will be very important.. On the MD side have not heard anything so suspect it is just rumours at this point.
I think if the shareprice does not go up around JORC then questions around the board (not just MD) have to be asked including whether a more appropriate representation would make more sense. From what I can see it looks to be shaping up to be a reasonable resource and it is the boards including MD's responsibility to market this successfully. I know the market is general is under pressure but companies that have strong marketing teams and a good resource are still being relatively rewarded. This is definitely not the case with LMB.
From last years Annual Report Renumeration report, Richard Trevillion was paided $549,674 in total renumeration. So of it was stated as "special". However, for this type of money in a small cap I expect a very strong positive performance. Given this year dismal share price performance if the share price is not at least at a premium to the 20c placement last year I would expect no bonus or incentives for any of them and really shareholders should then ask some hard questions at the Annual Meeting.
I really hope it doesn't get to this and the current board can bring this share back to life.
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $8.206M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.6¢ | $3.384K | 211.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 73336 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.6¢ | 205101 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 73336 | 0.015 |
2 | 637230 | 0.014 |
5 | 1882916 | 0.013 |
8 | 757037 | 0.012 |
3 | 954684 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 205101 | 1 |
0.018 | 224323 | 2 |
0.019 | 71000 | 2 |
0.025 | 152931 | 2 |
0.028 | 210000 | 2 |
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