LRS 0.00% 25.0¢ latin resources limited

Ann: Notice of General Meeting/Proxy Form, page-2

  1. 9,367 Posts.
    lightbulb Created with Sketch. 4779
    The material item in this meeting is the table below.

    I'm a big fan of corporate executives being remunerated based on performance (rather than arbitrarily through the payment of a guaranteed salary regardless of performance), however the hurdles need to be actual hurdles and not just box ticking exercises.

    The proposed hurdles are (lodgement of the DA, approval of the DA and FID approval).

    While these are all important milestones to reach (and to reach as fast as possible), I view all of these hurdles as almost certainties (unless the spod price literally goes to $600/T - in which case management performance can't do anything to save the FID anyway).

    https://hotcopper.com.au/data/attachments/5840/5840355-cdf580deb042d2385daa28890f8caeb9.jpg
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
25.0¢
Change
0.000(0.00%)
Mkt cap ! $699.8M
Open High Low Value Volume
25.0¢ 25.0¢ 24.3¢ $631.9K 2.566M

Buyers (Bids)

No. Vol. Price($)
1 20000 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 305895 7
View Market Depth
Last trade - 16.10pm 28/05/2024 (20 minute delay) ?
Last
24.8¢
  Change
0.000 ( 1.82 %)
Open High Low Volume
24.5¢ 25.0¢ 24.5¢ 819865
Last updated 15.59pm 28/05/2024 ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.