From the notice:
Note the last sentence. The 9m shares will be issued to the CFO SUBJECT TO satisfaction of the "Nolans Project Success Plan's" performance and vesting conditions being met.
The only place I've seen the "Nolans Project Success Plan" is in the new MD's/CEO's "I have arrived" announcement of 5/2/24:
All these milestones are construction and operations related. As you have previously noted @Birchcorp, in order to commence "Main Construction", equity finance will have to have been secured and (in part) spent, before any of the debt is drawn down. By that point, the CFO will have done his job: securing both debt (IMO already done and supported by sufficient binding offtake) AND equity.
- Forums
- ASX - By Stock
- ARU
- Ann: Notification regarding unquoted securities - ARU
Ann: Notification regarding unquoted securities - ARU, page-3
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARU (ASX) to my watchlist
(20min delay)
|
|||||
Last
17.8¢ |
Change
-0.003(1.39%) |
Mkt cap ! $431.2M |
Open | High | Low | Value | Volume |
17.5¢ | 17.8¢ | 17.5¢ | $236.6K | 1.352M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 548910 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 1571069 | 35 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 429354 | 0.175 |
28 | 811069 | 0.170 |
33 | 1634367 | 0.165 |
44 | 1543011 | 0.160 |
32 | 2342425 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 1620794 | 35 |
0.185 | 1440628 | 35 |
0.190 | 1454694 | 27 |
0.195 | 963545 | 22 |
0.200 | 1633128 | 24 |
Last trade - 11.24am 11/10/2024 (20 minute delay) ? |
Featured News
ARU (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, MD & CEO
James Graham
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online