ZMM 0.00% 1.4¢ zimi limited

Your tag says DYOR, just a suggestion - give it a try :)This is...

  1. 267 Posts.
    Your tag says DYOR, just a suggestion - give it a try :)

    This is from the company's 31DEC 2010 Interim financial report, took just a couple minutes to find.



    ? 250,000,000 Class B Options. Unlisted Options will not vest and become exercisable unless either:

    ? the Company (or one of its subsidiaries) has entered into one or more binding farmin agreements with one
    or more third parties under which the farminee/s’ have a collective obligation to spend the greater of
    $10,000,000 or 50% of the Work Commitment on the Licences; or

    ? the volume weighted average price of the Company’s shares as traded on ASX is at least 10 cents or more
    for ten (10) consecutive trading days


    Hope the above helps.

    Cheers
 
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