If you're talking about performance options. 2/3 are related to Cobalt too.
2,000,000 options exercisable at $0.05 expiring three (3) years from their date of issue, vesting on the delineation by the Company of a JORC compliant mineral resource of a minimum of 10MT@ a mimumum of 1% Copper (Cu) equivalent at the Company’s Opuwo Cobalt Project;
2,000,000 options exercisable at $0.05 expiring three (3) years from their date of issue, vesting on the completion by the Company of a positive scoping study of the Company’s Opuwo Cobalt Project, leading to the commencement of a pre-feasibility study; and
2,000,000 options exercisable at $0.05 expiring three (3) years from their date of issue, vesting on the completion by the Company of a positive pre-feasibility study of the Company’s Opuw
Also what does this have to do with copper? First paragraph from ann.
Celsius Resources is very pleased to announce that Mr. Brendan Borg has been appointed as Managing Director of the Company to fast track the development of the Opuwo Cobalt Project. Mr. Borg is a highly respected consultant geologist who has specialised in the “battery materials” sector including lithium, graphite and cobalt mineralisation, participating in numerous successful projects, in an investment and/or operational capacity. Mr. Borg has played a key role in the selection of the Opuwo Cobalt Project and exploration conducted by Celsius to date.
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- Ann: APPOINTMENT OF NEW MANAGING DIRECTOR
Ann: APPOINTMENT OF NEW MANAGING DIRECTOR, page-85
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