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14.5¢ boab metals limited

Ann: Proposed issue of securities - BML, page-77

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Dratoz

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20/09/22

19:29

Post #: 63800735
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Originally posted by Watchfulbull: ↑

I contacted Simon yesterday voicing my dissappointment at the terms attached to the performance rights. To his credit he replied same day.

Reply was - essentially the boards performance rights had expired and they are just seeking to re-instate the performance rights on the same terms as the previous ones which were overwhelmingly approved i.e. produce a DFS, 50mil finance, share price targets, and 5year terms.

So no proper thought went into checking if those terms were still suitable but not necessarily a purposeful grab for easy shares with low targets. Maybe a case that they thought if everyone approved them before then just re-iisue them again on the same terms? (everyone can make their own mind up on this).

I suggested they reconsider/revise the terms, and issue an updated announcement, before shareholders vote and Simons response was "your suggestions is duly noted", so perhaps they will change who knows.

PS: One of his comments was "We are absolutely focused on delivering our DFS H2 2022 and moving the project forward as quickly as possible", that was good to hear.

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Thank you. Many of us will post and speculate but not many will contact the Management. Good initiative!

BML Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 14.5¢		Change 0.015(11.5%)		Mkt cap ! $33.84M

Open	High	Low	Value	Volume
13.5¢	14.5¢	13.5¢	$31.09K	225.8K

Buyers (Bids)

No.	Vol.	Price($)
4	99275	14.0¢

Sellers (Offers)

Price($)	Vol.	No.
14.5¢	54446	1

View Market Depth

No.	Vol.	Price($)
5	144331	0.140
10	171688	0.135
12	219001	0.130
10	182689	0.125
22	731765	0.120

Price($)	Vol.	No.
0.145	4558	1
0.150	140188	5
0.155	105000	2
0.160	107119	4
0.165	320000	4

Last trade - 11.24am 08/11/2024 (20 minute delay)

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