MBM 3.33% 3.1¢ mobecom limited

Ann: Acquisition of Second Iron Ore Project , page-9

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  1. 28,706 Posts.
    lightbulb Created with Sketch. 237
    the MD will receive $500k in cash and a heap of shares

    the shares are worthless if the projects do not deliver

    $500k is not exactly a fortune...plus the deposit was probably not acquired for nothing

    looks like the MD is tying up the mid-ROC deposits

    seems like the MD is in the ROC good books, having picked up Mayoko for DMM



 
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