exec directors make afr pay tables , page-9

The Annual Report is ASX announced, is it?

In the AR the renumeration needs to be clearly stated, right?

The renumeration is quite extensivly covered in the AR.
It does not state that PL or JB can exchange their option for cash.

http://www.conticoal.com/fileadmin/content/files/Reports/ASX_Announcement_-_Annual_Report_for_YEar_Ending_30_Jun_2011_031011.pdf


"The Director options were valued at time of issue on 20 December 2010
As at the date of this report the company has assessed the fair value of the Director options to be $148,598 for
Peter Landau and $148,598 for Jason Brewer and the exercise price is $0.75 after the completion of the 10:1
equity consolidation" from annual report 2011