1.25m/243m so roughly 0.5% dilution though they kick in $312,500 to the tin.
They are employee incentive options so could be for Ed or a senior geo or anyone for that matter.
Would you begrudge them an opportunity to be part of something special not that I think you are, more merely asking the question.
It's nothing really mate.
If you look at page 6 of the announcement you'll see just how many options are out there.
Cheers
KWR Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held