GLN 9.09% 12.0¢ galan lithium limited

Ann: Notice of Annual General Meeting/Proxy Form, page-173

  1. 375 Posts.
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    The current performance rights package expires after 5 years, so it's a long way off needing to be extended.

    https://hotcopper.com.au/data/attachments/4841/4841652-8cf281053bdd6743b54b29b44269cef3.jpg

    I had thought it was supposed to be a "long term" performance rights plan (i.e. it doesn't need to be achieved in the 1st year). But somewhere along the way they have decided they may as well dish out $31.5m in performance rights every year until shareholders complain about it.
 
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