AOH 0.00% 12.0¢ altona mining limited

Ann: Notice of Annual General Meeting 2012 , page-3

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  1. 6,300 Posts.
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    416,667 (25%)
    Roseby value realisation of $150m (for 100%) of the project through one or a combination of sale, partnership, financing or other of all or part of the project
    Less than A$75m of value realised - 0% rights
    A$100m of value realised - 25% rights
    A$150m of value realised - 50% rights
    A$175m of value realised - 100% rights


    Can anybody explain? The summary sentence has me confused. What do they have to do to realize $175m and get 100% rights? Sell 100% of Roseby for $175m?

    The 'sale, partnership, financing' has me confused how they will measure the 'realisation' of value.
 
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