Options
"1. Tranche 1: Announcement to the ASX of completion of a bankable feasibility study on the Hillgrove Project
2. Tranche 2: The Company securing funding of not less than $20 million for restart of operations at the Hillgrove Project
3. Tranche 3: Upon the Company’s shares achieving a share price of at least $0.35 over 20 consecutive trading days on
which the Company’s shares have actually traded."
The Tranche 3 option could have been a lot higher in my thoughts! I know at 31 May 2024 the share price of $0.35 may have seemed amazing
Tranche 1 and 2 achieved will make us all smile of course.
On 31 May 2024, 6,250,000 Performance Rights were granted to Directors of the Company in three tranches with an expiry
date of 31 May 2028. The Company has recognised $17,441 as share-based payment expense in relation to these rights.
The Performance Rights will vest subject to the satisfaction of the following performance milestones by 31 May 2028:
Options "1. Tranche 1: Announcement to the ASX of completion of...
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Last
38.5¢ |
Change
0.015(4.05%) |
Mkt cap ! $119.3M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 39.5¢ | 36.0¢ | $589.6K | 1.563M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12124 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 8875 | 2 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| LRV (ASX) Chart |