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