i see, just revisited the notes. if we get a take over bid, sp should be way higher than current level.
The vesting of the Performance Rights is subject to the following performance hurdles:
A. the sale by the Company of the Paradox Lithium Project or a majority interest in the Project,where the sale consideration values the Project at a higher value than the sum of theacquisition cost of the Project and all money spent by the Company developing the Project; or
B. the farm-out by the Company of the Project where the sum of any consideration received bythe Company in consideration of the farm-out and the value of the retained interest of theCompany in the Project is higher than the sum of the acquisition cost of the Project and allmoney spent by the Company in developing the Project.
