PDY 0.00% 0.7¢ padbury mining limited

ssssh, page-14

  1. 1,215 Posts.
    In order to become a Saint three miracles must be performed:

    1 Sale of IP and INF commencement
    2 Chinese JV Partnership
    3 Production and Ore Sales

    Consequence, share price around 20cents + (conservative)

    Resulting in mgmt becoming Saints or at least given a very nice share bonus.

    In all seriousness, I would put my substantial holdings behind a resolution that read:

    If management were to meet the above targets they would be granted say 10000000 options exercisable at say 3 cent or so, still wouldn’t be completely free because I want the SP price nice and high.

    Anyway may drive them along in the future.

    Helped me I promised myself a toy if I reached a certain goal and I recently got delivery of it. Incentives are a wonderful thing.

    Good Luck All
    Bobby
 
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