Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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Not sure I fancy a porch although I've always coveted a boot room.
@dnd yes I wondered about that 'other change of control' part. Maybe some other stuff going on in the background we're yet to be made aware of..
To be honest I'm just sitting on these now and with time it only going in one direction deal or no deal!
I really don't see a problem with 100k bonus if the deal goes through, as far as I'm concerned the deal is just a bonus now for everyone and if it goes through we're all going to be multi bagging over night
If your man can produce that for me good stuff go get yourself a new porch and I'll race ya!
It states getting ruyi deal over the line or any other change of control
Why state other change of control?
I get your point but they've clearly singled this out a s a major objective he MUST COMPLETE. I think its a good incentive,
Ruyi is effectively guaranteed by the local government department, they will have no issue repaying their debt or refinancing it (looks like Houlihan Lokey are already appointed to do this). Yes the deal needs to get over the line, but in my opinion this should be the day job of the CEO and shouldn't be incentivised by some special reward.
the deal needs to conclude and the other problem is Shandong bond just got downgraded again like 2 hours ago. fresh on google
I would rather have a machinery rns then deal then several contracts rns then that would be one serious multibag imo
He gets a $30k sign on bonus and $20k a month salary .. the package is not in line with the current position of the company. If the deal is teed up already why should he receive $100k for it?
yeah but he only gets it if he secures that huge deal, then its a tiny percentage of what he brings in?
Maybe because it's equivalent to 5% of the market cap?
Can you imagine if Ruyi complete the deal incl machinery as well as that big contract in Vietnam. I wonder what the SP will be based on that....... must learn to stop dreaming!!!!
that's just daft, if he gets a cash bonus he will be more likely to secure the deal. why vote against that
I am going next week, got confirmation letter this morning. For the record, I will be voting against the new CEO's 100 grand bonus. Would be interested to hear the reasoning behind anyone that plans vote in favour..
I'm sure we will get positive news once returning CEO gets his 100k voted through. Although he doesn't get that until ruyi deal or other change of control. March is final deadline could happen before then. Last time this rose to nearly 3p in antipitation
Last top up for me to round my holding this morning , patience will pay very well here I believe .
No rush.Its deafinenly quiet here this morning.
There has been institutions selling for a long time here like many other shares hense the big drop. AGM in a week and CEO wants 100k voted through as a bonus so I'm sure there will be news soon. This share catches you out and gives news when you least expect it. At this mcap could easily do a few hundred percent imo
Or wait till 0.60. Market isn't in love with this company.