Globe Metals & Mining - Uran, Niob, Tantal, Zirkon - Fakten (Seite 120)

[saltamonte]

Antwort auf Beitrag Nr.: 42.278.232 von Reiners am 31.10.11 06:35:03

Die 6 Mio Shares gibt es aber anscheind nur, wenn der Kurs auf 1,20 AUD geht.

das wäre grundsätzlich sehr erfreulich aber mir schmeckt das alternativszenario nicht wo diese optionen ebenfalls schlagend werden ... eine mk von 300mio aud erreicht man nämlich nicht nur durch kurssteigerungen.

die "globe währung" - dh. die aktie als zahlungsmittel - kann theoretisch als tauschmittel für weitere aquisitionen eingesetzt werden (siehe punkt f).

trotz des aktuell beruhigenden cashpolsters können damit keine grossartigen übernahmen durchgeführt werden - ausser vielleicht ein weiteres "kükennest" welches nach jahrelanger nahrungsversorgung lechzt.

bei punkt f stört mich das alternativszenario "Kanyika DFS on
or before 30 June 2014" - da hätte ich unter performance eher das produktionsszenario erwartet.

generell finde ich die gehälter bei globe für den augenblicklichen stand viel zu hoch und das incentive option program nicht gerade als anreiz für besondere performance...

[Reiners]

Antwort auf Beitrag Nr.: 42.278.291 von MFC500 am 31.10.11 07:16:50

Sehe ich auch so. Punkt (f) hätten sie sich sparen können.

[MFC500]

Antwort auf Beitrag Nr.: 42.278.232 von Reiners am 31.10.11 06:35:03

Punkt (f) ist die große Unverschämtheit. Im Klartext bekäme er 2 Mio Dollar lediglich für die Fertigstellunge der BFS. Und das ohne ambitionierte Zeitvorgabe!

[Reiners]

Anscheinend wollen sie den Sumich unbedingt halten.

Die 6 Mio Shares gibt es aber anscheind nur, wenn der Kurs auf 1,20 AUD geht.


-------------------------------------

10. RESOLUTION 9: ISSUE OF INCENTIVE OPTIONS TO MR MARK SUMICH

10.1 Background to Resolution 9

The Company proposes to grant a total of:

(a) 500,000 Incentive Options each having an exercise price of $0.001 and an expiry date of 1 July 2013 vesting on 30
June 2013 provided the Managing Director is employed by the Company as at that date (Class A Incentive Options);

(b) 500,000 Incentive Options each having an exercise price of $0.001
and an expiry date of 1 July 2013 vesting where
the volume weighted average price (VWAP) of Globe ordinary shares over fifteen (15) consecutive trading days on the
ASX is equal to or greater than A$0.60 prior to 30 June 2013 providing the Managing Director is still employed at that
date (Class B Incentive Options);

(c) 500,000 Incentive Options each having an exercise price of $0.001 and an expiry date of 1 July 2013 vesting where
the VWAP of Globe ordinary shares over fifteen (15) consecutive trading days on the ASX is equal to or greater than
A$0.80 prior to 30 June 2013 providing the Managing Director is still employed at that date (Class C Incentive
Options);

(d) 500,000 Incentive Options each having an exercise price of $0.001 and an expiry date of 1 July 2013 vesting where
the VWAP of Globe ordinary shares over fifteen (15) consecutive trading days on the ASX is equal to or greater than
A$0.90 prior to 30 June 2013 providing the Managing Director is still employed at that date (Class D Incentive
Options);

(e) 6,000,000 Incentive Options each having an exercise price of $0.001 and an expiry date of 1 July 2014 vesting where
the VWAP of Globe ordinary shares over fifteen (15) consecutive trading days on the ASX is equal to or greater than
A$1.20 or the Market Capitalisation of the Company exceeds A$300 million on or before 30 June 2014 providing the
Managing Director is still employed at that date (Class E Incentive Options); and

(f) 2,000,000 Incentive Options each having an exercise price of $0.001 and an expiry date of 1 July 2014 where the
Company completes an acquisition transaction with a value of at least A$15 million, or completes the Kanyika DFS on
or before 30 June 2014 providing the Managing Director is still employed at that date (Class F Incentive Options),
to Mark Sumich (or his nominees) (together “Incentive Options”).

The terms of the Incentive Options are set out in
Annexure B to this Explanatory Statement.

The Incentive Options are proposed to be issued

[saltamonte]

Zitat von saltamonte: "zwangsverkauft" ist wohl nicht ganz richtig, denn der verkauf wird jedenfalls dann durchgeführt wenn das schreiben von globe unbeantwortet bleibt. ob alle 374 kleinstaktionäre so agieren bezweifle ich mal - aber es ist auch vorstellbar, dass diese sammelorder ausserbörslich den besitzer wechselt. die zeiten sind ja erstmals vorbei um über capital raisings an grössere mengen zu kommen.

ps: ende des jahres wird der erste teil der performance shares verfallen (bfs nicht fertig) wobei ich an der kreativität von mark diesbezüglich keinen zweifel habe dass er sich das schon wieder irgendwie holen wird.

habe ein etwas älteres posting vom august 2011 hervorgeholt... wer die nun vorliegenden abstimmungspunkte des agm durchliest wird feststellen, dass ich seine kreativität total unterschätzt habe...

[saltamonte]

ein paar meldungen...

http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode…

31/10/2011 Change of Registered Office
31/10/2011 Notice of Annual General Meeting and Proxy Form
31/10/2011 September 2011 Quarter Cash Flow Report
31/10/2011 September 2011 Quarterly Activities Report

[Reiners]

Globe Metals mining niobium in Malawi boasts of richness

By Collins Mtika, Nyasa Times
October 25, 2011


Global Metals and Mining, the company that will run the Kanyika Niobium Mining Project in Mzimba district has described its self as “in an extremely cash rich position, being debt free and with an excess of Australian Dollars of 44 million at the bank”.

Once operational the mining project is expected to rack in US$170 million per year.

Globe’s strategic partnership with ECE in April, 2011 provided it with immediate capital for the project.

“Niobium is a key additive in steel, so we now have a ‘steel story’, which ultimately means a ‘China story’. As a company we felt the best way to go about bringing together off-take with steel mills, financing and construction was to look at China as a one stop shop,” according to the company’s annual report released this week.

The partnership also meant additional resources for advancement frilling programmes in Malawi and Mozambique.

“It has been an exciting year of change for Globe…the rationale for the partnership was simple in terms of taking our Kanyika project through to final feasibility, construction, development and production,” the company’s managing director Mark Sumich said.

Sumich said his company is currently sitting in a prime position and likened it to the Chinese government owned East China Mineral Exploration and development Bureau (ECE) during a commodities boom.

Globe and Director General (ECE) Yi Shao said he is impressed with the progress of exploration since his company came on board.

“And we are committed to bringing the Kanyika project through to completion… as scheduled for the third quarter of 2012,” Shao said.

He also hailed the partnership with Globe saying the combined experience will see the company rapidly transforming to a mid-tier explorer and producer because of the significant cash baking.

The mining project is expected to transform Mzimba district in terms of social infrastructure such as roads, schools and health facilities and business opportunities apart from making a dent in Malawi’s Gross Domestic Product.

[Reiners]

Antwort auf Beitrag Nr.: 42.260.019 von Popeye82 am 26.10.11 14:08:36

Thanks für den Hinweis.

[Popeye82]

Nur als kurzer Hinweis, ab ´14 gibt es wahrscheinlich einen weiteren Niobproduzenten(3.000t/anno):
www.stocknessmonster.com/news-item?S=ALK&E=ASX&N=563101


Gruß
P.

[Reiners]

Von der Globe Homepage:

Perth the backdrop for Rudd’s $30M African initiative
25 Oct 2011

AS ALL eyes turn to the opening of the Commonwealth Business Forum in Perth tomorrow, Australian Foreign Minister Kevin Rudd will use his time at the podium to launch a $A30 million African mining initiative.

The three-day gabfest, which has attracted heightened security in Western Australia’s capital city, will attract 16 heads of government and 1200 delegates and precedes the Commonwealth heads of government meeting on Friday. In all, an estimated $10 billion of deals are expected to be made during the course of the forum.

Rudd’s three-year African initiative will cover 40 African countries and will bring up to 300 officials to Australia for study scholarships and mining governance workshops. It will also involve increased spending on International Monetary Fund programs, aimed at providing assistance to governments on mining policy, administration, revenue and resource management.

He said it was only fitting to launch the initiative in the west given many Australian businesses leading the African charge were based in Perth.

On his website Rudd said 75% of the Australian mining and oil and gas companies operating in Africa were from the west, reflected in the fact that 70% of WA’s top 10 growth companies had interests on the continent.

The African Mining for Development Initiative will bring up to 300 African government officials to Australia for training in mining sector management and technology as well as boost support forsimilar assistance provided through the IMF. It will build on a $10 million program launched in 2007 which brought officials from 16 African countries to Australia on short-term scholarships.

Rudd said the initiative was in Australia’s interests given 235 Australian companies were involved in 665 projects in 42 African countries or territories, with at least $US24 billion ($A23.2 billion) in current prospective investment. WA Premier Colin Barnett also plans to host a series of private meetings between visiting leaders and the WA mining industry to promote further investment opportunities.