grahay,
Had missed that one
"The Performance Rights will vest as follows:
(a) 474,000 upon the Company making the first draw down under project financing arranged by the Company to fund the balance of the development costs of the Deflector Mine and this occurring no later than 30 June 2013;
(b) 474,000 upon completion of construction, to enable commencement of mining at the Deflector Mine and this occurring no later than 30 June 2014; and
(c) 474,000 upon the first 25,000 ounces of gold being produced from the Deflector Mine and this occurring no later than 30 June 2015,"
WHAT IS THE $491,000 PER ANNUM FOR !!!! TURNING UP ???
WHERE IS THE INCENTIVE FOR PERFORMANCE ???
Or are these the dates we are to believe now. We have no others to go by.
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- Ann: Mutiny Gold Ltd - Annual Report - Glossy
Ann: Mutiny Gold Ltd - Annual Report - Glossy , page-18
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