SP was 7.1c so you can work out how much they think the...

SP was 7.1c so you can work out how much they think the performance is worth.

2027 is the deadline for the performance to be achieved. They could have released the PFS in 2026 and still got the payout. Set the bar low and give yourself forever to achieve it.
, it's the running theme with Paul and Barnaby. There are 5 performance categories for Priaire and 5 for Big Sandy.

Shareholders voted overwhelmingly in favor of the performance rights. I assume the large holders like Pavlovich are privy to certain information the retail peasants don't get.

Regarding the PFS. There was an announcement 3 weeks prior saying the results of the pilot plant would be in the PFS but the data used did not come from the pilot plant but from iliads testing at their facility. Like you said seems like the PFS was rushed out. Maybe for the performance reason maybe because Paul wanted to stick to his promise of Q42023.

And yes there will be a big payout when AZL's market cap gets to 500 million. The SP will be half what it was last time it got over 500. But that's performance to Paul somehow. Barnaby found a way to pay himself a 250k performance for LRD while the SP was half IPO. You couldn't get a worse performance than that. Paul and Barnaby are as thick as thieves.