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Bullboard - Stock Discussion Forum Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Critical Elements Lithium Corp is a Canada-based mining exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property consists of... see more

TSXV:CRE - Post Discussion

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Post by SOURCEMAN1 on Oct 27, 2022 3:34pm

Last sentence

An omnibus stock plan comprises a number of different programs that encompass a range of employee, executive, board member and consultant incentives. These cover common and preferred stock, options and bonuses generally tied to performance. The key driver of these plans is to align the financial interests of all who work for the company with those of shareholders.
Comment by Rinny1 on Oct 27, 2022 3:55pm
Sounds like the 40 million shares going to a financial institution  There to finance the mine ???
Comment by Bullatnl on Oct 27, 2022 4:29pm
I would hope your right but not likely  like most here I'm very disappointed with the director incentive plan    Since  when do we need incentives to do our jobs that we are paid to do. mans do we need any more directors.  maybe it's time for our great management team to actually produce!!!   F***£
Comment by Shaynef on Oct 27, 2022 5:18pm
From the description of what a omnibus plan is they will need feedback from the shareholders to make these decisions. Maybe it's time to form a shareholders board so we can actively make suggestions directly to management.
Comment by SOURCEMAN1 on Oct 27, 2022 7:30pm
I'm in for being on the board .There are 200 investors  on FB I bet we can find some people who can help advise CRE of how the shareholder feel about how they distribute that $80,000,000  Anyone else want to be on the board .
Comment by dalesio_98 on Oct 27, 2022 8:52pm
I'm interested
Comment by tinker901 on Oct 30, 2022 9:07am
It seems like the object of Omnibus Plan is to build a solid base (20% at least) of shareholders that are motivated to carry the many CRE projects to completion. So are we saying that we are against this ?? 
Comment by Speedypete on Oct 30, 2022 12:17pm
And to retain these highly trained individuals we have already acquired whom will become no doubt highly sought after in the coming years. Most here know there is "no substitute for experience".  Even on the lower levels of labourers ect. Perhaps we have all been in positions where the employee turnover was higher and new recuits were constantly being trained  being both costly ...more  
Comment by tinker901 on Oct 30, 2022 3:55pm
It is my understanding that most of this money would go towards the build.
Comment by Rinny1 on Oct 30, 2022 7:35pm
Eric never did reply back, corporate so tight lipped!!!
Comment by tinker901 on Oct 31, 2022 8:59am
Thank you for trying Rinny. I think that the "watchword" in management these days is to avoid any comment that could lead to speculation.
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