BME black mountain energy ltd

Ann: Prospectus, page-2

  1. 7,585 Posts.
    lightbulb Created with Sketch. 2207
    I am looking at a potential entry here. Will be a slow burn but I like earlier entries and the potential here is enormous. Only concern I have is the registry structure and compensation. From what I understand:

    - BM canning retain 78% of the company
    - they also get 5% royalty of the gross price at well head
    - BM directors get a decent amount of options and performance rights
    - BM directors have service agreements with the company (to act on the board) totally $600k a year.

    Does this seem excessive to anyone? I guess as long as they deliver it's fine and they do have the track record. appreciate anyones thoughts
    Last edited by barneydigs: 22/04/22
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.