Consistent with statement in Debt Process Update thatthe Company continues to target first production from Module 1 in 2025.
SCHEDULE 4 – TERMS & CONDITIONS OF INCENTIVE RIGHTS
page 39 Hurdle for Incentive rights for John de Vries
Performance Test Completed and Passed 100% by 30-Jun-26 Safe, performing to quality
specifications and Product to customer is within guidance. Performance tested against loan documents
page 40 Hurdles to Tranche B Incentive Rightsfor John de Vries
Hurdle KPI and Measure Weighting Target (100%) Comments
Milestone 1 Final Investment Decision 40% 30-Jun-25. Binary outcome - All financing, permitting and planning completed
to a BoD approved decision point
Milestone 2 First debt draw down 40% 30-Jun-25 Technical and E&S action plan (approx 1 year after FID) and
meets criteria to enable debt draw down
Milestone 3 Start Structural Mechanical Piping SMP) 20% 30-Jun-25 Binary outcome - SMP contract
award on detailed design and engineering complete; and
mobilised on site (assuming current schedule and January 2024 commencement this
would be April 2025) .
Milestone 4 BKT performance against Peer Group 100% 30-Jun-25
Total shareholder return based measure - peer group and quarter
I have a bid in, but not executed.
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Last
5.7¢ |
Change
-0.001(1.72%) |
Mkt cap ! $71.32M |
Open | High | Low | Value | Volume |
5.9¢ | 5.9¢ | 5.7¢ | $105.3K | 1.821M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 598949 | 5.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 754540 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 598949 | 0.057 |
2 | 115000 | 0.055 |
1 | 350000 | 0.054 |
2 | 356412 | 0.053 |
2 | 350000 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 754540 | 1 |
0.060 | 380000 | 2 |
0.061 | 338983 | 1 |
0.062 | 58000 | 1 |
0.063 | 69037 | 2 |
Last trade - 15.49pm 09/07/2024 (20 minute delay) ? |
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