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How Did Aldoro Resources Justify Performance Rights Conversion Without Gold Resources?

7:00am on Tuesday 23rd of December, 2025 AEDT Mining
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How Did Aldoro Resources Justify Performance Rights Conversion Without Gold Resources?

7:00am on Tuesday 23rd of December, 2025 AEDT
Key Points
  • Performance rights conversion based on mineral resource milestones expressed in gold equivalent terms
  • Independent verification by Lily Valley International Ltd using a detailed gold equivalent regression
  • Board informally confirmed milestone satisfaction and later ratified conversion decisions
  • Company did not initially disclose detailed conversion basis citing potential investor confusion
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