RLT 1.20% 82.0¢ renergen limited

Ann: Annual Report to shareholders, page-25

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    A very good read for a cold winter day.
    Lots to take out of the report for mine. Fantastic. Carbon Tax not applicable to end user.
    The auditors report on page 132 133 commentary of the proven reserves and ‘anticipate updating the reserve and resource report FYFeb2022’

    The upcoming AGM which starts at page 177.

    In particular the SAR 2021 Plan. Portion 1 to 4 mentions the SP reaching ex before can be exercised, a much fairer approach than awarding only the top and levelling the bottom on their prior KPI scheme.

    Page 181 Resolution Number 5, Options etc. some very fair conditions to existing shareholders are included there as well.

    Take a look at the exercise price for at SP value and escrow period. Very impressed with this methodology of KPI incentive.

    https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02390246-3A569788?access_token=83ff96335c2d45a094df02a206a39ff4

 
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