AL8 16.7% 0.4¢ alderan resources limited

What's next?, page-11

  1. 1,046 Posts.
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    Yes there certainly seemed to be some urgency to get a reasonable stake at these prices.
    Yes I am looking forward to hearing from our new MD Scott. I think it is very timely so Peter can focus on exploration, particular in the lead up to the maiden drilling program on the highly prospective Drum Mountains ground in Utah.
    Our new MD will likely be granted 10M unquoted options with 5M having an exercise price of 11c and the other 5M having an exercise price of 15c, both in 3 years. Hopefully both will be exercised.
 
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