Post by
abc123man on Mar 06, 2024 7:47am
Technical Question
Thanks for the previous poster for making this compny catach my eye. Its always nice to see the CEO increasing this share(s) with the company he is at.
I was reviewing the company presentation and came by this, "Three secondees to the Casino Copper-Gold Project". Is someone available to comment on what this means, all other clauses within the investments by Rio and Mit are standard. This one i'm not familiar with. Thanks in advance.
Comment by
EvenSteven27 on Mar 06, 2024 8:17am
Secondees are basically employees on loan from one company to another. Rio had the right to two secondees and and a thrird if it reached a certain level (a Director could be appointed as a secondee if Rio reached 12.5% (it still has not happened)).