88E 0.00% 0.2¢ 88 energy limited

Ann: Addendum to Notice of General Meeting/Replacement Proxy Form, page-14

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  1. 247 Posts.
    lightbulb Created with Sketch. 31
    Well they reduced the amount of shares but not how to achieve the performance rights

    Not to cross promote, but take a look at FBR, spec bricklaying robotics company (most would know as it is Perth based too) and the terms of their performance rights, they are all input and execution focused

    88E have one about oil production production, but think it is worth only 5% so very low focus. most relate to SP increase

    Example of FBR

    Class A - 167 Mill share options
    Successful completion of build 1, a 3x2 bed house built within 3 days by 5pm Nov 13 2018.

    Class B - 167 Mill share options
    Build 10 house for commercial building companies by 30 June 2019

    Class C - 167 Mill share options
    Achieve $10 mil in revenue in a single FY excluding rebates for R&D etc. by 30 June 2020
 
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