speeding ticket .., page-2

"The Options to be granted to Mr Shellabear will vest in three tranches of 350,000 with a total of 1,050,000 Options.

The exercise price of Tranche 1 will be 10% above the VWAP of the Shares for the 5 trading days period immediately prior to the meeting.

The exercise price of Tranche 2 will be 10% above the exercise price of Tranche 1.

The exercise price of Tranche 3 will be 10% above the exercise price of Tranche 2.

Mr Shellabear will derive a benefit from the Options only if there is an increase in the price of the Shares."

The average price was calculated between the 17th - 23rd of April DOM's share price hit a 6 month low on the 14th. Nice timing !!

"He most recently acted as an adviser to TPG-Axon, a leading global investment firm with over US$13 billion in funds under management, providing advice on investment opportunities in the global resources sector."

Its good to have friends.