To get 100% he needs to :-
1, Generate significant value, on an existing or new asset - up to 40%
2, 3-yr TSR >20% p.a. (equivalent to >72.8% increase in share price) - 20%
3, Have the TSR compared to peer group (ASX 300 Metals and Mining Index) >75th percentile - 40%.
Keep in mind these TSR targets are measured from 1st July 2023 when the SP was $6.26, so he will need to lift to SP to about $10.82.
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To get 100% he needs to :-1, Generate significant value, on an...
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Shanthar Pathmanathan, MD
Shanthar Pathmanathan
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