BNL 0.00% 0.6¢ blue star helium limited

What a pathetic low target, how can they miss?Performance...

  1. 149 Posts.
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    What a pathetic low target, how can they miss?

    Performance incentives should be a stretch, not the crap they are proposing.

    Why isnt their incentive linked to market cap, profitability, quantity and quality of commercial discoveries & wells.

    They have given themselves

    - 2 years to find 1 well - Tranche 1 kicks in!
    - 2 years to have a certified resource - Tranche 2 kicks in!
    - 3 years to make a financial decision - Tranche 3 kicks in!
    - 3 years to sell some helium - Tranche 4 kicks in!

    I look forward to more detail but at the moment it sounds like the Management are screwing the shareholders well and truly.

    What about something along the lines of tranche 1 - $200m market cap, tranche 2 $1bn certified resource, tranche 3 $400m market cap. Something they will have to actually work for and earn whilst us shareholders (their bosses) are also rewarded with share price gains.


 
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