FFX 0.00% 20.0¢ firefinch limited

what is happening with the share price, page-96

  1. 4,995 Posts.
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    You are kidding me right? The fallen SP has gotten into your head.

    There are 7.5 million reasons why they'd want to get this up and running ASAP, probably more than any of us, and yourself included.

    Each of the 3 directors - James, Greg and Gillian has 2.5m options at 45c, which equates to $1.125m outlay each.

    But it also means, every 45c they add to the SP (past the initial 45c), it is $1.125m in their pocket (minus taxes). If they get us to the mining stage, which some believe the SP will be 4-5 times the current value. That is $3-5m that they can be earning!

    Not sure about you, but if I have the opportunity to earn millions, I'll be working overtime to get things done ASAP as I'd have no incentives to delay it. The opportunity cost on not having $3-5m in the bank probably is worth more than their weekly wages. Plus, just because they get us to mining, doesn't mean they stop earning their wages too, if anything, we'd be more inclined to keep them on, as they have taken us there in the first place.

    Not to mention, possible early retirement with the dividends funding it.

    So there you go, my answer to your 'why rush' question.
    Last edited by Charles89: 06/08/18
 
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