Cowboy i would be more worried if the all directors we not after options instead of the odd one. As for directors not getting options when they have not done a good job morally you may have a point but it is not the way the world works.
There are lots of people that get what they do not deserve. You could say most bankers should be bailing us out instead of it being the other way round.
Here in Britain we have one set of rubbish politicians after the other all retiring with gold plated pensions and but of course they are unable to protect anybody else's.
I Could come up with a long list of professions that are paid too much and a even longer list of people who are paid too little.You could even argue morally that investing is a form of gambling and so is immoral (not that i would).
All i can say it very common for directors to award themselves options.
As for not getting finance why do you think they want the options? As you say they have to get finance relatively soon but do you really think JT would be asking for more money if he was that worried about getting finance at all?
Things have changed on the supply side and now we are looking at possible early expansion and Gippsland has investment houses and tantalum industry participants knocking on their door.
Sure Abu dabbab should have been up and running years ago but what choice have investors got sell at a big loss or hold on for a couple of months with a share that in spite of its performance still can be a multi bagger.
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