VR8 0.00% 5.4¢ vanadium resources limited

Ann: VR8 Appoints Corporate Advisor, page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,740 Posts.
    lightbulb Created with Sketch. 2538
    From today's ann, it looks like VR8 anticipate that the SP will roughly double in the next 9 months :

    "In consideration for its services, the Company will:
    • During the initial 6 month term of the engagement pay FSB a bi-monthly (every two months) retainer of
    A$13,000 inclusive of any GST.
    • Issue a total of 5 million unlisted Performance Advisory Options with a strike price equal to $0.10 and with
    an expiry date of 2 years following issue, subject to the Company achieving a share price of $0.15 on a 15-
    day VWAP during the first 9 months."

    All IMHO, DYOR
 
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