CLE 0.00% 0.1¢ cyclone metals limited

[IMG] This 4yr chart speaks for itself. LT holders are probably...

  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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