LRV larvotto resources limited

Ann: Hillgrove Project DFS Investor Webinar Invitation, page-29

  1. 1,263 Posts.
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    I disagree. None of the LTI rights are even tied to 100% debt funding, if they were maybe they would deserve them. But they aren't and the hurdles are so low they are laughable. How can he on one hand hold out a valuation from Blue Ocean of $1.45 then on the other take LTI performance rights worth $1? these LTI's performance rights aren't even tied to anything long-term as the plant upgrades have already been decided, and the share price has already traded past the hurdle set for stock price. Someone is yanking our chain, is it Blue Ocean with the valuation or RH with the performance rights?
 
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