Jibber From last years annual report (note 15) when share based payments, for the year, was £5k: "The Group has a share ownership compensation scheme for senior executives of the Group. In accordance with the provisions of the plan, as approved by shareholders at a previous general meeting, senior executives may be granted options to purchase ordinary shares in the Company."
You guessed it....the BoD. It's now gone up to £10k so annualised c £20k, a four-fold increase. At least Dick Turpin had the decency to wear a mask when he robbed people!
I have to be careful what I say here, because someone is obviously watching, following the removal of my 'akin to crooks' post the other day. I did not in any way state that they were crooks, but obviously it wasn't deemed appropriate.
I wonder if this post will remain, but someone should be checking the voluminous 0.0249p buying, immediately on the back of a 0.015p placing price. The news since hasn't amounted to anything worthy of such mass buying. Unless they have 'other' information that is being kept from shareholders.
Only my thoughts. I would have at least expected a timescale to emerge for further work at Mutsk, even in the absence of a JV, but we haven't even had that.
I don't know what else to say about this Company. I think the BOD has forgotten that it is our Company, as it continues to treat its shareholders extremely poorly.
In answer to your question, no, I have no idea where those share-based payments went.
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