the question needs to be asked, page-7

This is what put me off,
Fentons options for example (along with other directors)
Date of change
16 May 2011
No. of securities held prior to change
107,000 ordinary shares
Class
Options (16 May 2014; 6.5 cents)
Number acquired
20,000,000
Number disposed
-
Value/Consideration Nil
No. of securities held after change
107,000 ordinary shares 20,000,000 options (16 May 2014; 6.5 cents)

Tell me this, why if Gindara was so certain did these guys grant themselves options on the eve of drilling for only 6.5c with an expiry date 3 years down the track ?
Not only did they allow for gindara to stuff up ,the time frame also allowed for other stuff ups as well.
Talk about conviction, these guys tried to well and truly cover their arses what ever the contingency.
C