This worries me. Incentivising the Project Manager to meet an 8kt production target by end Nov16 for a 45kt production commitment by end Dec16 :/
250,000 options exercisable at A$0.40 each expiring on 8 September 2018, with the exercise conditional on the Mt Cattlin project producing at least 8,000mt of saleable spodumene concentrate by 30 November 2016;
Ann: Corporate Update-GXY.AX, page-9
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