bgs on the way back up, page-30

I agree. Since November 2012 the company has been diluted over 4X (419%) with further projected dilution of 10% at next CR. If you look at history of shares issued there is a pretty big fluctuation in price over a short period.

RESOLUTION 9 – RATIFICATION OF PRIOR ISSUE OF OPTIONS TO RFC AMBRIAN LIMITED
20,000,000 Options exercisable at $0.0315 before April 2016... that is a lot of $$$$ considering near term possibility for this to get to that figure and I don't exactly know (apart from doing up a report) how much of an impact RFC have had to justify that cost.

Options as Directors incentive remuneration - 28,000,000 options to add to SP. Consultant Options to Beverley Nichols 1,000,000 OPTIONS (thats a $60k bonus for a secretary?).

Whilst YES, if they are exersiced we will all be in the green and laughing we still have to consider VALUE. 28M options is A LOT of $$$.