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An announcement from First AU Ltd. ( (AU:FAU) ) is now available.
First AU Ltd. has announced a change in the director’s interest, specifically regarding Nicholas Karl Smithson’s holdings. Smithson, who holds 100 million fully paid ordinary shares indirectly through Hamak Strategy Limited, has been granted 16.5 million performance rights. These rights are contingent upon certain performance hurdles related to share price and gold resource targets at the Nimba Gold project. This development could potentially impact the company’s strategic direction and shareholder value, as it aligns executive incentives with performance milestones.
More about First AU Ltd.
Average Trading Volume: 12,926,993
Technical Sentiment Signal: Sell
Current Market Cap: A$18.35M
See more data about FAU stock on TipRanks’ Stock Analysis page.