Hi AliI wish the holders of loyalty options would hold out a...

Hi Ali
I wish the holders of loyalty options would hold out a little longer as well, some are predictably taking the cash, they probably need it, its tough out there for many people and I respect their decision.
They could most likely get a lot more in the short term, I agree.

The upside is that the company is being fed with cash that will be very welcomed especially if we want them to continue with the program of increasing shareholder value.
The alternative is a capital raise and unwanted dilution beyond whats baked in already. Then a rogue institution follows with a cash grab selling spree.
I will take status quo every time, small tight registry with replenishable cash to explore and fulfil the mandate.

These SP gyrations will mean nothing when the company delivers the GREAT announcement, followed by another, and another.

My eye is on the horizon Ali
Have a great day.
RED