KSN
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2.38% 8.2¢ kingston resources limited

Ann: Quarterly Cashflow Report, page-16

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  1. PetrStiff
    633 Posts.
    lightbulb Created with Sketch. 132
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    13/11/21
    18:25
    Post #: 57554597
    To dumb it down Mr Andrew Corbett will receive a maximum of $500k in shares in 2024-2026 if:

    (1) the project is approved for production
    (2) the mine delivers within 15% of budget estimates
    (3) KSN performs within the “80th percentile of the peer group”

    Seems reasonable to me and i hope i have interpreted the proxy correctly.

    To be honest i don't know what the “80th percentile of the peer group”means. This is not explained in the proxy. I am sure its presented in the AGM on 25 Nov though.
    KSN Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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8.2¢ 		Change
-0.002(2.38%) 		Mkt cap ! $57.98M
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