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$2.20 develop global limited

Well the original plan was 50Kt CuEq per year, mining services...

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lrothschild

2,104 Posts.

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19/06/24

11:58

Post #: 74387357
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Originally posted by Plummage: ↑

The options were part of the original re-capitalisation deal with VXR and strike was 15c pre consolidation. It was always disclosed as part of the deal that Bill was putting in +$20m of his own money in a placement and eventually the options exercise. The whole basis of the proposal was for Bill to control the company and the shareholder approval was to allow him to go above 20% on the options exercise. At the time of the shareholders meeting, all the resolutions to approve the deal and Bills options were linked, so if one failed the whole thing fell over. So a few names on this thread bitchin about BB, and his options and pretty much everything else he's done or not done should move on. Or go back and read the original proposal. BB's company, control, vision, strategy and money. He wants to make a boatload and if you trust him, stick around.

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Well the original plan was 50Kt CuEq per year, mining services will pay for everything and nothing about lithium fumble.
Move on? Have they delivered a single ore? Still waiting on the $3B market cap. Keep on bitchin' until that's delivered!

DVP Price at posting: $2.19 Sentiment: Hold Disclosure: Held
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Last $2.20		Change -0.040(1.79%)		Mkt cap ! $536.9M

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Price($)	Vol.	No.
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1	2984	2.140
2	3387	2.130
1	5000	2.120
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2.210	2984	1
2.250	16505	3
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