Ann: Zeotech Executes LOI with Gladstone Ports Corporation, page-10

  1. 616 Posts.
    lightbulb Created with Sketch. 331

    And for anyone wondering about the breakdown of James Marsh’s performance rights at Zeotech:

    Total Performance Rights: 25,000,000 (5,000,000 per milestone)

    Expiry: Five years from employment commencement

    Conditions: Performance rights vest upon meeting these milestones:

    Class A: Start mining at Toondoon + secure 50,000 tonnes in binding off-take agreements.

    Class B: Secure 200,000 tonnes in binding off-take agreements.

    Class C: Secure 50,000 tonnes of manufactured zeolites in off-take agreements.

    Class D: Achieve at least $1M gross revenue in a financial year.

    Class E: 21-day VWAP reaches a market cap of $250M.

    Lapse Conditions:

    Hurdle not met within five years.

    James Marsh leaves Zeotech.

    Five-year period expires.


    This structure aligns his incentives with Zeoteh’s business growth and market success.

    25mill shares @ $250mil market cap = > $2.7mil reasons for James Marsh to get this all happening!!

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
8.0¢
Change
0.000(0.00%)
Mkt cap ! $149.7M
Open High Low Value Volume
8.5¢ 8.5¢ 7.8¢ $123.2K 1.522M

Buyers (Bids)

No. Vol. Price($)
1 62500 8.0¢
 

Sellers (Offers)

Price($) Vol. No.
8.4¢ 7885 1
View Market Depth
Last trade - 15.31pm 13/06/2025 (20 minute delay) ?
ZEO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.