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9.7¢ boab metals limited

Thank you. Many of us will post and speculate but not many will...

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Dratoz

1,673 Posts.

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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 9.7¢		Change -0.003(3.00%)		Mkt cap ! $22.63M

Open	High	Low	Value	Volume
10.5¢	10.5¢	9.6¢	$112.4K	1.123M

Buyers (Bids)

No.	Vol.	Price($)
1	13875	9.7¢

Sellers (Offers)

Price($)	Vol.	No.
9.8¢	20000	1

View Market Depth

No.	Vol.	Price($)
1	13875	0.097
1	100000	0.096
3	87987	0.095
1	30000	0.093
2	13440	0.092

Price($)	Vol.	No.
0.098	20000	1
0.100	58348	1
0.105	87354	1
0.110	13545	2
0.115	91031	5

Last trade - 16.10pm 19/06/2024 (20 minute delay)

BML (ASX) Chart

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