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Ann: Share Purchase Plan Offer Booklet, page-81

  1. 139 Posts.
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    My recollection of the questions asked are as follows:

    – How did the board determine what Victor's bonus incentive targets?

    – Why are they not looking to turn the plant on and generate the $240-$250M free cash flow the BFS said it will over the next 4 years, some of which could be redirected towards exploration. Instead they have decided tap shareholders on the shoulder in the recent raise (which he said he participated in) and roll the dice on exploration in order to find another deposit. What’s the fall back if the exploration strategy isn’t successful?

    – What's the motivation to spend substantial funds on exploring Hadrian Trend which is much closer to Jundee compared to Bronzewing – isn’t this too far away to truck to Bronzewing? Wouldn’t this ore be more likely to be trucked to Jundee?
 
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