BRL 3.31% 78.0¢ bathurst resources limited.

Ann: Notice of AGM and proxy form, page-7

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  1. 2,920 Posts.
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    Hi and thx bc

    Could you ask Richard to shed some light on the current forward obligations remaining from the Contingency payment of up to $50m over 4 years that was a part of the purchase of the Solid assets.

    Is the bi annual contingency payment still an ongoing liability
    At current product pricing levels what would be the expected total obligation over the remaining 18 month obligation.
    Is the reduced obligation part of the reason why 19/20 forecasts have been maitained


    Is the board committed to maintaining the dividend now it has begun.
    Is it expected that the div will be bi annual

    And of course remind Richard taht when questioned on Management bonuses last year he pointed to the increased share price (to 30 June2018) as part of a simple formula that justified their bonuses. With that part of the equation falling away and the ongoing legal fracas that we were told was a solid bet in our favour (after being told that extra royalties covered the tonnage breach) then exactly what part of the equation continues to justify the bonus'. I don't really expect you to ask this question but I feel better for verbalising it

    That's it for now


 
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