If their performance is equal to the performance in the last CR, they should owe the company money. Typical of this mob, they announce the monthly price of rare earths, which is meaningless if you dont have any to sell. By the time this lot get to a DFS or producing, the price could be $0.01/lb.If they want to know about performance look at the SP. MC in 2011 was $269m with 381m shares on issue, and today its $45m MC with more than double the shares on issue and still no DFS after 10yrs. Pay to the management of $2.1m and then offer them millions of free shares? What a performance.
Ann: Performance Rights Issue, page-4
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