healyn,
Wanless and Redhead have more than 2 Million shares each as well as options.
From memory,one of the performance milestones for Iggy Tan,was the obtaining of project finance(originally thought to be about 6 months ago) and although other employees exercised their options,Iggy did not.
In any case,at 60c exercise price,Iggy would still have a Capital Gain of 60c per exercised option.
Surely,his bank would lend him the money to do that,and take his shares as security.
Of all the current executives of the Company,Iggy would come close to being the smallest shareholder and that's not right.
He is the leader of the Company and maybe,at the next AGM or EGM,GXY could consider giving him shares instead of more options--I believe that he is worth it.
Cheers
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