Australia's largest stock trading and investment forum Australia's #1 stock forum

BML

Click for more information

0.00%

9.1¢ boab metals limited

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

First 77 Last

Share
Profile

Follow
Dratoz

1,675 Posts.

143

20/09/22

19:29

Post #: 63800735
Share

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.

Expand

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
8 Upvote

0 Great analysis

Reply

Top Stories

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

MGU

New results confirm Buena Vista's iron grades potential

1CG

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

First 77 Last

Add BML (ASX) to my watchlist

(20min delay)
Last 9.1¢		Change 0.000(0.00%)		Mkt cap ! $21.23M

Open	High	Low	Value	Volume
9.2¢	9.2¢	9.0¢	$16.95K	186.7K

Buyers (Bids)

No.	Vol.	Price($)
1	37999	9.1¢

Sellers (Offers)

Price($)	Vol.	No.
9.3¢	16286	1

View Market Depth

No.	Vol.	Price($)
1	37999	0.091
1	2471	0.090
1	16853	0.089
1	75000	0.088
1	75000	0.087

Price($)	Vol.	No.
0.093	16286	1
0.095	50000	1
0.100	33124	3
0.105	115380	2
0.110	372500	2

Last trade - 16.10pm 31/07/2024 (20 minute delay)

BML (ASX) Chart