RE:RE:RE:RE:RE:RE:RE:The Omnibus Plan ???Interesting regarding Omnibus Plan. I can only extract from the comments made that this plan is taken as rumination.
I totally agree with Sourceman1 that this plan comprises a number of different programs that include a range of employees as well as indigenous groups participation.
I for one worked for a company that generously offered to participate in their stock options, offering to buy up to 6% of annual salary in company stock and then get matched for the same amount purchased by the company after a one year hold.
It not only benefited the company saving money hiring highly costly trained employees, but also provided an incentive for employees to stay with such company.
I believe this plan targets employees for the the long term employment.
After all, a 17 year mine life presently planed and many more to be added in future years will save the company a lot of cash. Stable employees and at this prize with a rising value in commodity’s and a rising stock value will have paid handsomely for this with allotment planed.