Ann: Hastings Raises $40m in Strategic Placement to L1 Capital, page-19

The options date is around the same time as the mine is ready to go therefore allowing working capital. The market likes the news, hence the volume and finishing up.
Lynas done a capitol raise and the shares went from $2.50 to over $11.00.
The raise increased the likelihood of the mine going ahead and without money there is nothing. So you can have 75% of something or 100% of nothing.
I don’t mind Mr Lew being rewarded, or his children for putting skin in the game and taking Hastings to the position it is in now.
I spotted Lynas when Arafura was more popular and invested in them. I also chose Hastings over other hopefuls.

Basically, no risk, no reward. 600k a year is nothing. I made 200K for a job that had 90% less responsibility.