ioneer Ltd

ioneer chairman and directors take options in lieu of fees

By taking options over cash, the board has aligned itself with shareholders.

empty board room
A PFS recently valued the Rhyolite Ridge Lithium-Boron Project at US$1.82 billion

ioneer Ltd’s (ASX:INR) board of directors have been issued options to the value of $45,000 in lieu of their cash salaries.

Chairman, James Calaway along with the three non-executive directors Alan Davies, Patrick Elliot and John Hofmeister have all been issued 357,710 unlisted options exercisable at 24.2 cents expiring 9 November 2023.

READ: Global Geoscience becomes ioneer of sustainable future with a new name

ioneer recently released a pre-feasibility study (PFS) for its flagship Rhyolite Ridge Lithium-Boron Project in the US state of Nevada modelling a 30-plus-year mine life.

The PFS estimated a net present value (NPV) for the 100% owned project of US$1.82 billion, which is equivalent to over A$2.5 billion.

Quick facts: ioneer Ltd

Price: $0.16

Market: ASX
Market Cap: $236 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of ioneer Ltd named herein, including the promotion by the Company of ioneer Ltd in any Content on the Site, the Company receives from said issuer...



ioneer strategically placed with US project to ride lithium market recovery

ioneer Ltd (ASX:INR) managing director Bernard Rowe speaks to Proactive Investors about the recent comeback in lithium prices and the strategic advantage the company's US project location offers.   Rowe says the company will be in the thick of an impending meeting between US...

on 04/16/2019

2 min read