Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-46

First 46 Last

Share
Profile

Follow
stevenrushbrook

1,704 Posts.

895

31/03/24

01:17

Post #: 73127449
Share

Originally posted by BakedBean: ↑

MRE payment need to be made upon submission or after receipt of MRE? IE before or within some period of time after?

Because if it before, then delay until last possible moment, then CRE after a round of drills (hopefully with some good hits, although SP seems to not care and only go on Li price anyhow), then MRE upgrade after CR.

If it's after then MRE upgrade right before next quarterly (giving enough time to get MRE and CR funds received before quarterly due)

Looks either way towards end of this current quarter now, soooo hazard a guess late May/June maybe.

Did notice the Big Cheese was getting a Whopping 300k before super + 60kPa fees. I need to get into mining aye.

I mean, Speaking of Cheese:

I. Service Agreements
Robert Martin - Chairman
The key terms of Mr Martin’s service contract are:
 Non-Executive Chair fee of $100,000 per annum.
 No notice period.
 No termination benefit entitlement.
Alex Cheeseman – Managing Director
The key terms of Mr Cheeseman's service contract are:
 $300,000 plus superannuation per annum.
 3 month’s notice period.
 Fee of $60,000 per annum from commencement as Managing Director.
 Performance shares; For further details on performance shares refer to Note 25.

DIRECTORS’ REPORT
Critical Resources Limited – Annual Report 2023 20
John Markovic – Non-Executive Director
The key terms of Mr Markovic’s service contract are:
 Non-Executive Director fee of $48,000 per annum.
 No notice period.
 No termination benefit entitlement.
Nigel Broomham – Non-Executive Director
The key terms of Mr Broomham’s service contract are:
 Non-Executive Director fee of $48,000 per annum.
 No notice period.
 No termination benefit entitlement.
Harry Spindler – Company Secretary & CFO
The key terms of Mr Spindler’s service contract are:
 $210,000 plus superannuation per annum.
 3 month’s notice period.

They did however attend every meeting throughout the year, of which there was only 9 so I guess not that hard to make haha.

MEETINGS OF DIRECTORS
The number of Directors’ Meetings and the number of meetings attended by each of the Directors of the
Company during the year were:
Directors Meetings
Directors Held whilst in office/ Attended
Robert Martin 9/ 9
Alex Cheeseman 9/ 9
John Markovic 9/ 9
Nigel Broomham 1/ 1
Michael Leu 3/ 3

Expand

big salary’s , share price only moves backwards so it’s hard to justify them. Also the board too , I can’t image they are doing much work right now as we are not really doing anything with marvis

re the payment there is no due date set or a time frame . We have to pay in after the MRE but it’s not stated whn . It wil be pushed back as the first payment was .

CRR Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 3 more messages in this thread...

First 46 Last

Add CRR (ASX) to my watchlist

(20min delay)
Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $21.33M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.1¢	$639	58.03K

Buyers (Bids)

No.	Vol.	Price($)
25	5482318	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	823162	7

View Market Depth

No.	Vol.	Price($)
24	5464137	0.011
22	9032250	0.010
10	3108084	0.009
9	2303889	0.008
2	1500000	0.007

Price($)	Vol.	No.
0.012	698386	6
0.013	703931	10
0.014	4640769	10
0.015	1429187	2
0.016	1183033	3

Last trade - 16.10pm 08/05/2024 (20 minute delay)


Last 1.2¢		Change 0.000 ( 4.17 %)
Open	High	Low	Volume
1.1¢	1.2¢	1.1¢	852599
Last updated 15.58pm 08/05/2024 ?

CRR (ASX) Chart

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-46

Featured News

Gold grading beyond 65g/t at Hillgrove gets Larvotto shares airborne

Tamboran is listing on the NYSE, and Wall Street is paying attention

Maiden drilling at West Arunta hints at major IOCG system for Rincon

Prominence impresses the market with uranium grading 5,269ppm in Kazakhstan

Alara Resources (ASX:AUQ) is driving Oman into a renewable renaissance with accelerating copper production

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-46

Featured News

Top Stories

Gold grading beyond 65g/t at Hillgrove gets Larvotto shares airborne

Tamboran is listing on the NYSE, and Wall Street is paying attention

Maiden drilling at West Arunta hints at major IOCG system for Rincon

Prominence impresses the market with uranium grading 5,269ppm in Kazakhstan

Alara Resources (ASX:AUQ) is driving Oman into a renewable renaissance with accelerating copper production

Buyers (Bids)

Sellers (Offers)

Featured News