Free performance rights all the mining director want them and can propose milestones to get them. The performance rights must be ratified at general meeting by more than 50% shareholders that vote.
Just have a look at former Greenstone MD/CEO Chris Hansen who is now MD/CEO of Somerset Minerals Ltd formerly Tempus Resources Ltd, he has secured 110,000,000 performance rights that is close to 10 % of the company if vested (those shares will be excelerated on a merger just like those 34,000,000 (approx) unhurdled performance rights the Greenstone directors took for NOT deliveriong the Mt Thirsty Scoping Study.
See below and guess who is Chair .... Mike Edwards. Does this scenario ring a bell, Barra Resources get rebranded b to Greenstone Resources by Hansen and Mike Edwards is involved.
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