Ann: Appendix 4C and Quarterly Activities Report, page-49

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ReezA

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154

28/04/23

10:30

Post #: 67499612
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Originally posted by jbar039: ↑

I am a holder who has never posted before, but I can't keep quiet any more.

$6.2M USD in payment to suppliers and employees, and 40K USD cash flow in from customers - and BRN management have the gall to ask us to approve the issue of more shares to themselves. Are they serious? Our investment is being eroded and they want to be rewarded. What planet are they on?

We (as the shareholders of BRN) have the ability to stop the issue of these shares with our vote.

I will be writing to Tony Dawe this morning and telling him my thoughts, which are If the Directors of BRN had any morals or ethics at all, they would be withdrawing all of these resolutions prior to the AGM. I suggest that every shareholder who disagrees with these resolutions should email Tony Dawe today and tell them to withdraw these resolutions immediately. We need to get our message over to BRN loud and clear!

I am not lining their pockets whilst my personal investment is going down the toilet.

Just a reminder of their greed......

a) 187,344 Restricted Stock Units to Antonio J. Viana (or his nominee), Non-Executive Director;
b) 187,344 Performance Rights to Pia Turcinov (or her nominee), Non-Executive Director;
c) 187,344 Performance Rights to Geoffrey Carrick (or his nominee, Non-Executive Director;
d) 462,963 Restricted Stock Units to Duy-Loan Le (or her nominee), Non-Executive Director;
e) 187,344 Restricted Stock Units to Duy-Loan Le (or her nominee), Non-Executive Director,

a) 2,264,493 Restricted Stock Units to Sean Hehir, Executive Director;
b) 1,287,906 Performance Rights to Peter van der Made, Executive Director,

Oh and lets not forget about the 8,000,000 shares to E. Hernandez.

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Mate, I'm not sure if you emailed Tony previously or not however from my experience he will just reply to your email with general response and will somehow ask you to stop bothering again.
Anyway, GOOD LUCK WITH YOUR EMAIL MATE.

BRN Price at posting: 38.5¢ Sentiment: Hold Disclosure: Held
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