So have just re-read it
30c exercise and 3 yers to get there - got to be kidding me
Just to get us back to where we were in Feb - and everything above that is cream for them
A nice little off-take agreement should get us to 60c / which results in $1m-$1.6m pay day to the team.
I think I will be voting against the incentive plans for all, and I’m considering voting against the 10% placement - they can use the 15% placement for capex - forget selling more to their German mates.
But I will reassess in the light of day
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Ann: Notice of Annual General Meeting/Proxy Form, page-8
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