KRR 0.00% 1.0¢ king river resources limited

There is no due date for the Performance Rights issue :)....

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  1. 1,649 Posts.
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    There is no due date for the Performance Rights issue . Whenever it reaches 5 c AB and the other directors will each get 25 million shares about 1.25 million worth and 1.5% of the total SOI post performance rights. This also means, our % holding with drop.

    For Senior Mgmt: What is interesting is even though they say they plan to drill 15,000 m this year, they have given themselves 24 months to drill 15,000 m
    https://hotcopper.com.au/data/attachments/6053/6053954-dfb48deae89ed8ba7e428f2fdd306cdb.jpg


    For Directors: The total they get between the three is 75 Million shares which is close to 4.5%
    https://hotcopper.com.au/data/attachments/6053/6053940-34c74c35acca20c8893c655ac3ec09a8.jpg

    A quick back of the envelope calculation to show what the Directors and Senior Mgmt will get if we hit 5 c
    https://hotcopper.com.au/data/attachments/6053/6053950-4d66b3b0ec8a7527f580b1156c27fa8f.jpg


    Last edited by Gollada: 24/03/24
 
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