Ann: Company Presentation - October 2022 Market Update, page-31

Actually @magic200, on page 19 you can see that they are connected to pre tax NPV of 1 MLN.
I would have preferred MCAP instead of NPV THOUGH.


Vesting of the options the subject of Resolutions 10A to 10F is dependent upon the announcement, on or before the Expiry Date of the Options, of a Pre-Tax NPV of at least $1 Billion on the Estelle Gold Project, in either the Phase 2 Scoping Study or PFS, in accordance with the guidelines prescribed by the JORC Code, independently verified by an Independent Technical Consultant.