NMR 3.03% 3.2¢ native mineral resources holdings limited

Ann: Indicated Resource at Takatokwane , page-8

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 770 Posts.
    lightbulb Created with Sketch. 174
    they are meant to get 1.5m shares, not 1.5m dollars, the calculation they are providing is for a performance award of 1.5m dollars (or 120,000,000 shares) and roughly 25% of the company for delivering a resource upgrade. Yea sure guys! i sincerly hope they made a typo and even further it would need shareholder approval as it breaches the 15% rule

    In my opinion they are due 1.76m shares. This reflects the equivalent position should the shares have been issued at 85% of WVAP @ 1.27c (
 
watchlist Created with Sketch. Add NMR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.