I agree. Marketing this will be very important.. On the MD side have not heard anything so suspect it is just rumours at this point.
I think if the shareprice does not go up around JORC then questions around the board (not just MD) have to be asked including whether a more appropriate representation would make more sense. From what I can see it looks to be shaping up to be a reasonable resource and it is the boards including MD's responsibility to market this successfully. I know the market is general is under pressure but companies that have strong marketing teams and a good resource are still being relatively rewarded. This is definitely not the case with LMB.
From last years Annual Report Renumeration report, Richard Trevillion was paided $549,674 in total renumeration. So of it was stated as "special". However, for this type of money in a small cap I expect a very strong positive performance. Given this year dismal share price performance if the share price is not at least at a premium to the 20c placement last year I would expect no bonus or incentives for any of them and really shareholders should then ask some hard questions at the Annual Meeting.
I really hope it doesn't get to this and the current board can bring this share back to life.
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I agree. Marketing this will be very important.. On the MD side...
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7 | 430000 | 0.010 |
7 | 1727777 | 0.009 |
5 | 971666 | 0.008 |
3 | 414278 | 0.007 |
Price($) | Vol. | No. |
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0.016 | 500000 | 1 |
0.017 | 160400 | 1 |
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