The terms for vesting as outlined in the Notice of Meeting nd...

The terms for vesting as outlined in the Notice of Meeting nd approved by Shareholders were :


The full terms of grant of the Performance Rights are set out in Annexure A. Those terms include the following.(a) The Performance Rights issued will not vest and the underlying Shares will not be issued until the performance targets have been achieved i.e. 1Mt, 5Mt and 10Mt LCE respectively of controlled JORC compliant resource.(b) If the beneficiary of the Performance Rights elects to resign prior to the vesting period, then the right to the underlying Shares is forfeited.(c) If the director elects to resign then the right to the underlying shares is forfeited.(d) If the director’s office as director is terminated, then the Performance Rightsvest immediately upon the date of termination.The performance rights were issued in 2015 to all three Directors.


Can someone point me to the 1million, 5 million and 10 million of JORC LCE announced by LIT where AG has not been the supervising professional.

Also why were no performance rights issued to Bryan Dixon ?

I smell something odd as they were issued just before the rights issue and a couple of weeks before they expired having not been met.