Sorry how do you figure that. 60k over 12 months is a pretty low...

Sorry how do you figure that. 60k over 12 months is a pretty low fee - if they achieve nothing it's not a massive expense but in their best interest to do well as any future placements would likely be done through them if they're doing good buisness.

Secondly how is it that only VERT benefits from a target of 40c and 60c.
That's a 430% increase and 652% increase from today's traded price.

As a shareholder I would stand to benefit substantially if that's achieved. In fact I'd almost benefit more than their 300k bonus.

Also worth noting that at those price targets we're talking 77M and 115M AUD MC's with current SOI. Meaning if there was any CR done in the next 12months then the MC targets increase even higher to maintain a 40c and 60c target.

They are pretty lofty targets and not an enormous timeframe. 60k retainer for 100k and 200k bonus means they only make the real dosh by hitting the target. Whilst I don't mind vendors taking shares instead of payments - I've seen it work counter intuitive once targets are hit. They get the performance shares and then unload them.

IMO the cost of this engagement vs the potential payoff in terms of increasing the companies MC is a very good deal.
The reason for the clarification was simply to provide shareholders with the details to the amounts paid.

SF2TH