Cap raise should have been 1 option for every 2 fully owned...

Cap raise should have been 1 option for every 2 fully owned shares at a cost of 4c to be executed at 10c within 3 years. Still would have raised the same amount for finance (close enough) and finance for future projects ( providing options are executed). It wouldn't be such a bitter pill to swallow "gifting" directors options. Dilution would be a problem but I have a feeling there will be a consolidation at some point (could've been after option expiry date).