I think what we are seeing with the Directors taking up the Options is NOT indicative of the cost of the weighbridge.
The weig
hbridge IMO will cost more like $250K.
The $300k raised from Options is quite simple, its 3 Directors working together in the best interests of the Co, "one in all in", committed to getting the best outcomes for the Co and providing funds to achieve the Co's goals. In the mean time, it is also rewarding for them as individuals. Well done NAGs Directors!
Ann: Appendix 3Y - Change of Director's Interest Notice X 3-NAG.AX, page-10
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