re: staff options I own about 1% of TOX and am totally for the...

re: staff options I own about 1% of TOX and am totally for the options being issued.
I met Ian Burton at the AGM and found him to be a thorough gentleman from the old school and I believe the directors should be congratulated not bagged as they could easily have issued themselves some options in the process.
As for the MD Steve Gostlow, I think 2.7m options is about right over 3 years and for those that attended the AGM like gumbles, kajun and kath know, Steve is a very critical factor to the turn around and sucess of TOX and we need him there long term.
As for the employee options, I visited the Kiwanna operations after the AGM with kajun (thanks again to Ian Burton) and the stinking hot, dry, dusty and TOXic conditions these employees operate under is not for the faint hearted and these people must be encouraged to stay with the company.
What would you prefer : Give the employees a pay increase to keep them at the company which immediately effects cashflows and profit or issue them incentive options which when converted will flow straight to the bottom line.
Some of you need to look at the bigger picture and once you have made your point then move on and stop harping about it

Cheers

kawartha