CLE 0.00% 0.1¢ cyclone metals limited

Remind me again why we should vote FOR the remuneration report and options?

  1. 143 Posts.


    This 4yr chart speaks for itself.

    LT holders are probably still at a loss ... but directors are getting both significant raises AND cheap options. It's like everyone has forgotten all the money they lost.

    $0.12 execute price? so a 0.02 increase from current and they're partying? Me? Try 10x that for a 0.20 increase and still not even back in profit or just barely. How about giving that option to anyone holding from pre-ATO incident?

    I wonder if Timis's 100Mt rights make the option vestment valid?

    This 100Mt smells. $300-500M? Weren't they planning to sell the WHOLE mine for that much when IO prices were higher?

    A low return loan (to someone that doesn't need it) that can be extended on mutual terms? I doubt we'll see that again.

    My own opinions only, dyor.
 
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