TMT 0.00% 26.0¢ technology metals australia limited

New here guys but like the tech and like the results. Concern is...

  1. 652 Posts.
    New here guys but like the tech and like the results.

    Concern is the options and how they are effecting the SP.

    Tradeable Fully Paid Ordinary Shares   21.3m
    (1) Escrowed Fully paid Ordinary Shares 13.8m
    Fully Paid Ordinary Shares on Issue 35.1m
    (2) Unquoted Options  ($0.25 – 31/12/19 expiry) 15.0m
    (3) Class B Performance Shares   10.0m

    (1) – 1.3 million fully paid ordinary shares will be tradeable from 21 September 2017 and 2.5 million fully paid ordinary shares will be tradeable from 21 December 2018.
    (2) – 1.3 million unquoted options are subject to restriction until 21 September 2017 and 13.7 million unquoted options are subject to restriction until 21
    December 2018.
    (3) - Convert in to 10 million fully paid ordinary shares on achievement of an indicated resource of 20 Million tonnes at greater than 0.8% V2O5 on or before 31 December 2019.

    All Performance Shares and any fully paid ordinary shares issued on conversion of the Performance Shares are subject to restriction until 21 December 2018.
 
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Currently unlisted public company.

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