Speak of the devil BB, out come some performance rights!
What a laugh the term "performance" right is. "There is no consideration payable upon the grant or vesting of Performance Rights."
So its a freebie.
I love this bit..
"Performance Rights B are issued subject to completion of a Board-approved definitive feasibility study on the Etango Project by 31 March 2012 (subject to change at the discretion of the Board)"
Subject to change at the boards discretion!
Good news is, there will be a stack of option well out of the money to expire this year.
As for directors buying, I believe old Lenny Juber bought 35000 on market for his super fund at 0.64cps in Dec 2010.
His $22,000+ in now less than $10K.
Its true though, its one thing for directors to talk up their own stock ( if you hear from them at all...which is the case for BMN these days ) and other thing for them to buy. I'd like to see them put their money where their mouth is!
I have!
BMN Price at posting:
26.5¢ Sentiment: LT Buy Disclosure: Held
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