AZY

0.00%

2.2¢ antipa minerals limited

Thanks for the clarification.... I am sure that the management...

First 18 Last

Share
Profile

Follow
AJK1

69 Posts.

7

19/11/21

17:45

Post #: 57710839
Share

Originally posted by cate88: ↑

No problem. Mistakes happen. And your comments were justified for POS. But wrong stock and directors. My biggest concern is you've set off the trolls including now Cottsurfer with a new account TheCottDon.

Just to remind others who may be reading this and other posts here's some background info.

These incentive options are not free. They are issued with a strike price and an expiry date. Directors need to convert them into shares by buying them at the strike price - in this case 9.5c. That money is paid direct to the company. If they don't do this by expiry they lapse.
A large part of their remuneration is by way of options. This helps preserve cash for AZY. I've previously done a comparison with remuneration at Greatland Gold in this regard.

Management and directors would have accumulated a lot of shares and options from around 2014 and 2015 through capital raisings at sub 1c which had options attached when many raisings were significantly under subscribed. The gold sector was on the nose, gold was heading towards $700. NCM was looking at exiting Telfer. Times were bleak. And every retail shareholder then could also have put their hands in their pocket and participated in these raisings. But most didn't. One benefit during these bleak times is we managed to snaffle some great tenements that NCM let go. Directors and Mgmt got us through those years and have tightly held their shares.

These options were announced some time ago. They are on the Agenda for today's AGM. They need to be approved by shareholders. This is the std timetable. Everyone had the chance to vote.

You know directors and Mgmt can buy shares on market if within the allowable windows - see the usual company policy for details. You'd think then they might rather load up in the 4s or 5s where we have been languishing most of the year, instead of converting options and paying 9.5c.

And is 9.5 an easy target? We haven't seen that since 2013 and 6.8 is solid resistance and will take work to crack. The directors and management are damned by you know who by price not moving fast enough and the same duo will be bleating when it does.

It's a full moon lunar eclipse today so tensions will be high today. So likely won't post again today. But please don't support or condone these defamatory, ill informed, misleading posts done so with malicious or other intent.

Expand

Thanks for the clarification.... I am sure that the management will be releasing some more results at the AGM.... I don't think that they are withholding assay results at all.... Huge backlog is always being mentioned at the moment at all the labs....

GLTA LONGS....

AZY Price at posting: 6.7¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Trump is President Again: What Does This Mean for Crypto?

HotCopper Highlights: Your most watched and most discussed stocks this week

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

MMI

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

FG1

Flynn Gold reaches milestone exploration target for Golden Ridge

UBI

Universal Biosensors flat despite fresh deal with US medical product distributor

IMU

Imugene kicks off Australian trial for blood cancer treatment

First 18 Last

Add AZY (ASX) to my watchlist

(20min delay)
Last 2.2¢		Change 0.000(0.00%)		Mkt cap ! $106.3M

Open	High	Low	Value	Volume
2.2¢	2.4¢	2.2¢	$259.3K	11.42M

Buyers (Bids)

No.	Vol.	Price($)
10	1446111	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	2885093	4

View Market Depth

No.	Vol.	Price($)
9	1400657	0.022
3	1506905	0.021
11	1929696	0.020
5	3525000	0.019
9	3004510	0.018

Price($)	Vol.	No.
0.023	2885093	4
0.024	1913052	7
0.025	1644000	6
0.026	1310509	5
0.027	1778416	6

Last trade - 16.10pm 08/11/2024 (20 minute delay)

AZY (ASX) Chart

Thanks for the clarification.... I am sure that the management...

Trump is President Again: What Does This Mean for Crypto?

HotCopper Highlights: Your most watched and most discussed stocks this week

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

Flynn Gold reaches milestone exploration target for Golden Ridge

Universal Biosensors flat despite fresh deal with US medical product distributor

Imugene kicks off Australian trial for blood cancer treatment

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Thanks for the clarification.... I am sure that the management...

Top Stories

Trump is President Again: What Does This Mean for Crypto?

HotCopper Highlights: Your most watched and most discussed stocks this week

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

Flynn Gold reaches milestone exploration target for Golden Ridge

Universal Biosensors flat despite fresh deal with US medical product distributor

Imugene kicks off Australian trial for blood cancer treatment

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News