EAR 0.75% 33.3¢ echo resources limited

Gary Lethridge (incoming Finance Director): * 2,500,000 unlisted...

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    Gary Lethridge (incoming Finance Director):
    * 2,500,000 unlisted options (exercise price equal to 145% of 7 day VWAP share price up to and including 14 March 2018 expiring 13 March 2021)

    By my *rough* calculations exercise price will be around 76 cents to 79 cents.

    He's annual remuneration is $280,000 p.a. These options should be a nice added incentive. What could happen in the next 3 years with all the exploration going on the Yandal, BW restart to production and potential predator(s) on the horizon...
    Last edited by sreeve: 14/03/18
 
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Currently unlisted public company.

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