VAN 0.00% 4.7¢ vango mining limited

9.6 mill capper, page-3

  1. 10,572 Posts.
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    Cyclopes, yes that sounds reasonable.

    9.65 Mill options exercisable at - $0.05 - 31
    December 2010 expiration.

    We have 9,359,564 single parcel at 0.055

    I dont know if these options were an incentive plan and I dont know when they were issued but it could be a previous ORD manager that wants out ? It seems likely that the parcel for sale at 0.055 is from these options exercise.

    We also had 4,000,000 Shares released from holding lock under the Ord River Resources Limited Employee Incentive Plan. I think these were sold on the same date ie 30/11

    I dont know where I got the 16 mill total from ???

    So I surmise that the person selling at .055 is the one and same person who got the 9.65 mill options. Does anyone knwo who that was ??
 
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