Totally on the money 1912, directors receiving 9,500,000 options on a company that has purely been lucky enough to be involved in a resurgance in lithium demand doesn't warrant such high rewards. Directors have already been given millions of shares previously and as we are generating cash flow now ,a 20% increase on their salaries seems appropriate. Item 14.2 n also states The board acknowledges the grant of related party options to rowley , bacchus, turner and zhang is contrary to recomendations with 2014 amendments as published by the asx . bit more home work to be done ,all the best
GXY Price at posting:
42.5¢ Sentiment: Hold Disclosure: Held
