Definitive timelines like these? As far as accountability goes, the sheer amount of money management personally stand to lose if these rights expire unfulfilled is as stern as I can imagine.
Director Performance Rights:
1. JORC 3yr expiry
2. 40c+ 20 day VWAP price 3yr expiry
3. 60c+ 20 day VWAP price 3yr expiry
4. PFS delivery 5yr expiry
5. Material binding offtake/project financing/farm out 5yr expiry
I saw someone post before that 'those timeframes are too long' and I think I'm about to see it again if I don't address it.
From the current SP, the price hurdles are a 400% gain in 3 years, and milestones #4 and #5 sound like $1 material to me, so having those deadlines a further 2 years past the 60c deadline is plenty fast enough for me considering the astronomical upside when they are fulfilled.
MTC Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
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