So if the share price is increased to $1.50 then he gets some performance rights and another set if the share price is increased to $2.00. While those sort of share prices might come from some robust drilling results, the most likely way to get there is taking Seymour towards and into production without completely massive dilution. A soft package would have been performance rights cutting in at some price under or well under $1.00.
Phrased another way, share price based performance rights cut in if GT1 gets to new ATH's. That's the way it should be.
GT1 Price at posting:
51.0¢ Sentiment: Buy Disclosure: Held
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