As we all know these grabbed performance rights relate to the unpublished Mt Thirsty scoping study. The directors are going to just take them without publishing, also I think they got millions of performance rights by lowering the cobalt cut-off from 0.12 to 0.06 and that increased (doubled) the MRE to get over the hurdle. That was another big grab.
Why cannot the directors tell us why they deserve these performance rights. The answer to that question is they cannot justify doing it and they don't want to highlight shareholders to their hundreds of thousands of dollars share grab.
Ann: ASIC Registration of Greenstone Scheme Booklet, page-4
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