ZMM 0.00% 1.1¢ zimi limited

directors incentives to succeed

  1. 1,451 Posts.
    Let us not forget what I believe is crucial for our directors to achieve to get the cream. This incentive gives us an idea roughly what sort of farm in we as a company is looking for as a minimum....

    "An additional unlisted 306.55 million options are exercisable within a range of $0.001 - $0.085 prior to the end of 2013; with 205 million of the $0.001 options subject to a farm-in agreement that commits the venture partner to spending the greater of A$10 million or 50% of the work commitment, or the share price of the ordinary shares to trade above A$0.10 for more than 10 days before 31 December 2013 for these options to be successfully exercised."

    Make no mistake our directors want these performance shares.
 
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