Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Perhaps it means all. But as the RNS only referred to CS then I assumed the statement only applied to his options.
Hopefully all have lapsed in that case.......wonder why DS didn't hoover all these up? free money if flipped.
BFL, the only Director eligible to take up the options was CS. DS is no longer a director.
I agree that the options taken and expiry of the rest is to keep investors on-side. Only taking 6m of the cheapest at 0.42p is merely lip service imo. Why not take the whole 10m at 0.42p? Does taking 6m show confidence or does it show caution?
On balance, I am happy that CS' options have partly been taken and the rest expired rather than all expiring or being extended. Does not give me particular faith the deal is ongoing or has derailed. Either way, an update is expected by year end based on what CS stated at the AGM.
What I would like to have clarified is if DS has taken/extended/lapsed the options. This should have been in the RNS imo.
Finally!
Https://youtu.be/gpwSU_RBRzc?si=hY_mbjx0H34_Zxko
Reckon they stack up better than HE1 who have £56m MCAP!
Need to raise £3m at IPO.
We do not know what $2bn in optimisations means to Newmont though. It may not be as straightforward as selling assets to gain $2bn, it could be various accounting practices and group optimisations that bring the magic figure. Not always black and white in these situations imo.
What if he is shorting this to keep the price down while accumulating, then once complete close the shorts. I don't think this would be considered an offence etc, just a hedge to a position as per many investors/ii's possibly do.
For sure, lots of scenarios could play out. Equally it would be an expensive way to get a US dc and automations.
He lost £180m when Debenhams went under and took the administrators to court. He may be the sort of person to hold a grudge.
Thing is at the moment there are lots of opportunities, for example wiggle the online sports good retailer may be up for grabs among others. Hope he doesn't get distracted because it is likely he has a plan for Boohoo and hopefully it will increase the sp for us.
Oh. My. God. They haven’t achieved a sale. Do they deserve the options? This shareholder says no.
Perhaps the options could be converted to be a reward for an actual sale conclusion, an incentive, time limited of course.
If there are serious buyers at the mythical table, perhaps it’s time for the bod to issue a PUSU notice! If they can’t do that then the options which have a use by date should flipping well lapse.
What’s that I hear in the distance? The sound of a can being kicked down the road. ….again
Hopefully as a gesture of goodwill and solidarity to us pleb shareholders they will allow their chunky options to lapse this time, rather than dilute everyone further.
The expiry date on 146,000,000 share options, with a range of exercise prices (the "Options") has been extended for a further period of six months from 2 May 2023 to 2 November 2023 (the "Options Extension").
Yep, no one cares. What’s the drawer below the sock drawer?
Exactly and who knows what discoveries will be found over the next 30 years that need processing. Newmont or GGP, whoever owns Telfer in the future, can sell on to a further party down the line. Decommissioning and restorations of the environment only come into play when the feedstock in the region is exhausted imo.