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12/07/24
18:32
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Originally posted by Spudd57:
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They probably were having a great relationship with Mali. Just because the new junta government decided that the previous government were giving everything away too cheaply, as well as "the FFX issue "; doesn't mean that they weren't getting along. The project was still progressing during the negotiations, and everyone on the ground were working together, Leo, GF and Malians. Did the Minister and his office have the final say? Or, was it the Russian backed Colonel running the country?. When negotiating it pays to stay friendly, fair and firm. Even a bit of schmoozing is usually required. Spitting the dummy and stomping your feet won't get you anywhere. It's strictly business, and it should never be personal. As far as retirement benefits; There are employees of Leo in Australia and Mali who are about to loose their jobs. I would assume that means "Termination of employment payments" and entitlements are owed to those employees. If I was an employee of Leo about to loose my job, I would expect to receive my entitlements. It's not just the share holders affected negatively, (the BOD are share holders as well ).. All of you wanting to overthrow the board at the AGM (kind of a junta of your own ), go right ahead. The decisions will be made by the largest share holders, any way. Best regards to all
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surely you realize that everyone working for LLL will receive what they are entitled to in their contract, the board don't need permission from shareholders to fulfill employment contracts. these resolutions are to give the board permission to give KMP and board members additional entitlements, my understanding is that this will be 1-2 years of their yearly salary this in my opinion is to make up for the fact that their "performance" shares are unable to vest did you even read the resolutions?