The share-based payments in relation to Class F Performance Rights of $168,980 (2020: $376,004) were expensed to the statement of profit or loss and other comprehensive income over its vesting period at a 100% probability of meeting vesting conditions. On 3 June 2019, 4,500,000 Class H Performance Rights were issued to a director of the Company, with the vesting terms as below. 1. Tranche 1 – 1,500,000 Performance Rights shall vest upon Performance Rights shall vest upon the completion of Feasibility Study on the Manono Project. 2. Tranche 2 – 1,500,000 Performance Rights shall vest executing an offtake agreement for at least 25% of the product (Tin and Lithium) from the Manono Project. "3. Tranche 3 – 1,500,000 Performance Rights shall vest upon the completion of the Manono Project financing."
GLTAH
AVZ Price at posting:
78.0¢ Sentiment: Hold Disclosure: Held