Very nice 'key performance indicators / milestones'
1) 3million options @ AUD0.045 upon production of 20,000 tonnes per month of coal (including PCI) for three consecutive months;
2) 3million options @ AUD0.055 upon production of 40,000 tonnes per month of coal (including PCI) for three consecutive months;
3) 3million options @ AUD0.07 upon commencement of shallow river barging; and
4) 5million options @ AUD0.10 upon first shipment of coking coal from BBM
That should put a pole up his 'bottom' to perform
Ann: Cokal Appoints CEO for Development of BBM Projects, page-4
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