WAF 0.33% $1.50 west african resources limited

Ann: Change of Director's Interest Notice x 3, page-5

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. 2ic
    1,317 Posts.
    lightbulb Created with Sketch. 217
    Maybe I drank too many reds tonight but threw up a little on the keyboard reading this lol.

    Unlisted OptionsNumberExercise Price(cents) Expiry Date
    1,000,000                           10.0                       3 June 2019*
    2,000,000                           32.0                       28 December 2021**
    103,806                                -                           14 February 2021***
    * - vest on first production of gold from the Tanlouka Gold project in Burkina Faso.
    ** - vest on first gold pour and commercial production from the Sanbrado Gold Project
    *** - vests if Director holds continuous office as a director of the Company for one (1) yearfrom the date the Options were issued.

    If at first you don't succeed, gold pour hmmm, then try for an easier target right haha. 2 attempts at a real hurdle, ie gold pour, for Performance "options" (you know, the ones like shareholders get with a pesky exercise price for reality check), then finally issue options with an unf*@&%able hurdle and no exercise price so that even a comatose director could collect in his sleep... wtf??! 

    Since when did performance incentives sink as low as the hurdle of "just turn up, or at least don't get sacked for absenteeism or ineptitude while getting paid anyway"?

    Sorry, I'm not a whinger by nature , guess I'm just showing my age.


 
watchlist Created with Sketch. Add WAF (ASX) to my watchlist
(20min delay)
Last
$1.50
Change
0.005(0.33%)
Mkt cap ! $1.866B
Open High Low Value Volume
$1.54 $1.54 $1.45 $13.66M 9.140M

Buyers (Bids)

No. Vol. Price($)
2 72212 $1.49
 

Sellers (Offers)

Price($) Vol. No.
$1.51 72760 6
View Market Depth
Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
WAF (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.