Post from day of the initial announcement for the incentive scheme. back in August.
Good to see the predictions in it are probably coming to fruition.
Tranche 1 is probably going to be vested by the due date.
If the tonnes @ 1% plus grade are closer to 20M than 10M then tranche 2 doesn't have quite so far to go.
Sabre and C3 infill, IF >1%, would see Tranche 2 becoming vested. IMO by the middle of next year. So many other targets but they will take time.
Still questions about whether the mineability of the tranche resources could impact? Inherent in a Jorc resource is mineability - open pit or underground are both implied. Resource and reserve?
The bar for the tranches is simplified but reasonable.
The way Yin has progressed has been almost a dream run since mid 2021 To think tranche 1 is nearly a foregone certainty some 18 months later speaks volumes for the quality of Yin and the team.
Ann: Trading Halt, page-85
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