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7.41%

12.5¢ boab metals limited

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

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Dratoz

1,671 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 12.5¢		Change -0.010(7.41%)		Mkt cap ! $25.07M

Open	High	Low	Value	Volume
14.0¢	14.0¢	12.5¢	$148.0K	1.106M

Buyers (Bids)

No.	Vol.	Price($)
4	160482	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.5¢	50000	2

View Market Depth

No.	Vol.	Price($)
4	160482	0.125
11	388582	0.120
5	327217	0.115
8	219000	0.110
6	385000	0.105

Price($)	Vol.	No.
0.135	50000	2
0.140	213510	2
0.145	54578	5
0.150	170023	10
0.155	207308	7

Last trade - 16.10pm 22/05/2024 (20 minute delay)


Last 13.0¢			Change -0.010 ( 0.00 %)
Open	High		Low	Volume
14.0¢	14.0¢		12.5¢	889347
Last updated 15.56pm 22/05/2024 ?

BML (ASX) Chart

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