SEI 0.00% 2.9¢ speciality metals international limited

Ann: Notice of General Meeting/Proxy Form, page-2

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  1. 613 Posts.
    lightbulb Created with Sketch. 59
    Well it looks like the management team has decided to take a punt on their efforts. Performance rights set at 5c and expire in 2 years and only after getting the Mt Carbine quarry and head lease.

    That means the SP has to rise 138% from the current point.

    Stephen is putting in another $100k @ 2.5c. A premium of 19% above current.

    This is about aligning our fortunes. We win or lose together.

    Based on the salary payments, they aren't doing for the income.
 
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