GNM 6.67% 1.6¢ great northern minerals limited

Ann: Acquisition Update, page-18

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  1. 6,870 Posts.
    lightbulb Created with Sketch. 4413
    If you are interested and actually want some information on IonMinerals and the "proposed new directors" have a look at these links.........
    https://hotcopper.com.au/threads/gpp-a-new-beginning.4273521/page-51?post_id=34257537#.W3aO9ZP-hm8
    https://hotcopper.com.au/threads/gpp-a-new-beginning.4273521/page-115?post_id=34369455#.W3aQEJP-hm8
    and this one from nondiscrypt:
    https://hotcopper.com.au/threads/gpp-a-new-beginning.4273521/page-129?post_id=34404288#.W3aRC5P-hm8

    https://hotcopper.com.au/threads/gpp-a-new-beginning.4273521/page-132?post_id=34405887#.W3aQPZP-hm8
    https://hotcopper.com.au/threads/gpp-a-new-beginning.4273521/page-147?post_id=34434084#.W3aQfpP-hm8
    https://hotcopper.com.au/threads/gpp-a-new-beginning.4273521/page-149?post_id=34437165#.W3aQtpP-hm8

    1: Then ask yourself why there has been a change to the "option" agreement?
    Could it be that the governing bodies that have to approve the transaction deemed the first "agreement" too generous to the incoming directors?
    2: So by handing the proposed directors $525,000 each equivalent in performance shares is aligning with shareholders?
    3: Have a real good look at the "proposed deal" and then decide who is the one/s benefiting.

    All IMO

    cheers
 
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