Ann: Notice of Extraordinary General Meeting/Proxy Form, page-5

First 5 Last

Share
Profile

Follow
atomik

1,744 Posts.

16/12/15

20:16

Post #: 16630016
Share

Originally posted by Mroadster ↑

I am getting pretty sick and tired of ASX listed company's employees and directors getting millions of "free" options which are already too close to being "in the money" on their issue.

Where is the incentive to make these guys (and girls) earn their "bonus" which also serves the shareholders ?

Our employees are getting good salaries for what they are doing in the current marketplace, and frankly they haven't performed to their pay grades for some time. We've had a change of senior management, and now the new team needs to prove itself, before sticking their noses into the trough.

Given where our share price has come from in the last 12 months, the exercise price should be much higher.
I also believe that we should be rewarding our team for great work done in their jobs (achievement of certain milestones, like meeting production targets, or reducing costs of production, should warrant bonuses, not simply riding the tides of the share or gold price).

I have been a shareholder from day one, and feel its time for the BDR team to prove itself on site. We have ground and drilling results that are the envy of many small gold companies, and we need to stop the excuses, and start delivering results !

Apparently, we now have a professional management team in place, so lets see if they can turn it around. If they do, then bonuses should flow to them based on share price improvements which the shareholders can also benefit in. This company should be run for the shareholders benefit and not the employees and directors.

rant over .....

Expand

strike price way too low and undervalues company imo, start strike price from 50c up and within 18m, if they know what they're doing they can exceed these on all counts

BDR Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

TKM

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

TNC

True North increases silver metal at QLD's Vero deposit by 20%

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Bitcoin: Current State of Play & Where to Next | Swyftx

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Revolutionary inverter technology leads the clean energy charge

Emerald & Azure score Digger & Dealer awards

NEU

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

HZR

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

There are more pages in this discussion • 10 more messages in this thread...

First 5 Last

Add BDR (ASX) to my watchlist

Ann: Notice of Extraordinary General Meeting/Proxy Form, page-5

Top Stories

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

True North increases silver metal at QLD's Vero deposit by 20%

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Bitcoin: Current State of Play & Where to Next | Swyftx

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Revolutionary inverter technology leads the clean energy charge

Emerald & Azure score Digger & Dealer awards

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Featured News