GDog - I don't discount your thinking entirely - I just think that the type of proposal that you are talking about is more suited to a company that is set up (and prepared) to develop a mine, go to production and mine long term with all the key personnel in place that have a shared long term vision.
The type of incentives you have framed above are then appropriate and you would find in most cases that those already have some 'skin in the game' and are passionate about the vision to become a producer E.g. "Twiggy (FMG) Chris Ellison (MinRes) or even Owen Heggarty (Oxiana)
It is my opinion only, but unfortunatley I don't see the evidence at present that FMS has positioned itself for that type of long term objective. It is a bit disappointing, but all Shareholders should still be very excited about the future for FMS and the monetisation of its assets all the same!
Spek
FMS - "The Foundation Customer", page-285
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