BML 10.0% 11.0¢ boab metals limited

Ann: Proposed issue of securities - BML, page-6

  1. 251 Posts.
    lightbulb Created with Sketch. 84
    You beat me to it.
    I echo the exact same thoughts.

    Class A should have 6month expiry max, it is an INCENTIVE after all, not a GIVEN.
    Class B should be the full project finance package, not a cent less, and expiry in 12months. At the very very least, it should be based on the PFS CAPEX finance figures..
    I will be voting against resolutions 5, 6, 7 and 8 - unless the company provides an updated expiry date for each (which I have previously seen companies do after shareholder negative feedback).

    All IMO

 
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