baillieu's brown coal export plan, page-28

re the GM the CEO gets 1m oppies exercisable at 80% of the 5 days previous price? Is that true? I am just trying to get my head around a stagnant SP when brown coal is getting a little sexy right now esp in Victoria.
I would opinion that we will have a drill hole report re BM on thursday or friday which will increase the SP a little but will have no significant influence on the final option price but will give a little respectibility to the process.
I cannot wait until the 16th to move on and progress normally and have the big announcements which we deserve.