With the 2 million new LTI shares, Thomas currently holds 30 million shares, or almost 6% of the company. He is also entitled to approx $1m in cash or shares upon defining a resource of 150k+ tonnes of Cu and a successful BFS.
If that isn’t aligned to shareholders interests, I don’t know what is…
This is at least 50% of the reason I hold a significant stake on TAR. Management and the board are heavily invested and want nothing else but to make a major discovery and propel TAR to the big leagues.
TAR Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
