Look what they did today. They provided an update, fine, but...

Look what they did today. They provided an update, fine, but with the sugar they handed out some vinegar with someone exercising options at a .012 strike price.

This exercise is a small allocation and could be seen as a positive as maybe it's a show of confidence for the future.

On balance, when reviewing the comms from BNL, I see lots of options exercised and (reasonable) salary raises along with drill results, shrewd land acquisitions and slow but continued progress on permits.

Wish I knew what the General and Admin costs were (plus options exercised). This may be fine as a % of overall expenditure, but with poor reporting, it allows misinterpretation.

Need a bit more.

They could get a better handle of the comms and win a lot more points being more professional and transparent.

Of course, they are not obligated to be consistently professional in their comms if they don't want to or are not experienced and capable in this area.