Before anyone gets their nickers in a knot these are the vesting conditions.
If he achieves this I'll be happy for him to have these 12 mill shares
(i) Tranche A Performance Rights – 6,000,000 will vest upon (i) completion of DFS & Decision to mine and (ii) execution of offtake agreements for at least 50% of the production of Ancuabe, within 27 months of the date of shareholder approval for the issue of the Performance Rights, provided Mr Canterbury is continuously employed or engaged by the Company during this period;
Tranche B Performance Rights – 6,000,000 will vest upon commencing Mining and Processing of first Ore within 36 months of the date of shareholder approval for the issue of the Performance Rights, provided Mr Canterbury is continuously employed or engaged by the Company during this period.
Cheers
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