GSR 0.00% 1.2¢ greenstone resources limited

BAR - Why I’m Excited, page-4

  1. 4,056 Posts.
    lightbulb Created with Sketch. 1349
    Interesting annual report lots of things for me to think about more on board member motivation that I see as positive and supportive of the company.
    For example why would the outgoing CEO stay as a NED without pay. Could it be the options to expire 20 November at 2 cents are an incentive with FMR perhaps deciding to mine.

    The board are not being paid, some are on jobkeeper. I think more options will be granted in lou of pay foregone at the AGM. Thats cool with me.

    The Broker for this recent placement is issued 15,000,000 options at 3 cents expiry in 2 years. This is a risk reward position but with a lot of reward potential.

    Options issued to directors worth $1,800,000 expire 20th November 2020 at about 9 cents. I would expect these to expire but could FMR proceed to mine when the approval to mine is granted.

    Major shareholder FMR and JV partner chairman is a director of Barra.

    It seems a junglepot of positive vibes and sometimes miraculous things happen just before AGMs'

    Thats it.

 
watchlist Created with Sketch. Add GSR (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
0.000(0.00%)
Mkt cap ! $16.47M
Open High Low Value Volume
1.2¢ 1.3¢ 1.2¢ $61.24K 5.086M

Buyers (Bids)

No. Vol. Price($)
1 80000 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 431539 2
View Market Depth
Last trade - 15.32pm 05/06/2024 (20 minute delay) ?
Last
1.1¢
  Change
0.000 ( 8.33 %)
Open High Low Volume
1.1¢ 1.1¢ 1.1¢ 100000
Last updated 14.25pm 05/06/2024 ?
GSR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.