They're issued under the 2018 shareholder approved vesting conditions -
Tranche 1 needs 10 day VWAP of 34 cents, 2nd is 40 cents, third is 44 cents
I'm happy for these new guys to take these up when we exceed those price hurdles. We will all be winners
Not sure about yet another tranche going to Directors, but it needs our approval and again, if the hurdles are met, we all win
Ann: Issue of Performance Rights, page-13
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