Ann: Entitlement Offer to Accelerate Exploration Activities, page-29

You're on the right track, B. If you want a good chuckle drill down into the prospectus which contains the dollar value of the entitlements of each Board member. In fairness, it's an EI and, like every other holder, they'll be limited to the baseline entitlements relating to their respective holdings, which aren't much. However, if they were serious about backing themselves to dig the company out of the hole they could always apply for more via the inevitable Shortfall Shares that will surely become available in due course. Heck, they could even elect to take their director fees in shares to conserve some cash, like the previous Board did.

Did anyone else notice that staff & admin costs for the June quarter slightly exeeced 57%(!) of the net cash burn?