AEV 8.33% 1.1¢ avenira limited

Resolution 10 looks like debt will fund hopefully most of the...

  1. 3,265 Posts.
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    Resolution 10
    looks like debt will fund hopefully most of the development costs to a large mine permit, as per resolution 10.

    Resolution 14
    can anyone resolve in resolution 14 that TSR is total shareholder return? if this is the case then in the matrix on page 31 under company's TSR where it refers to less than 10 equal to 10 etc if this should be a percentage?

    as at the 1/07/16 the sp was say 19.5c. that would mean to get full options
    tranche 3 options sp would need to be 26c
    tranche 4 options sp would need to be 30c

    these prices seem to be at the more achievable end of aev price target for FY17 ?

    resolution 9
    large increase in non exec director fees? what for.

    director options
    these seem to be done at a reasonable price.
 
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