The Age article 6 October 2009 link
highlights/lowlights:
- $202m net loss ($164m blowout)
- $155m in "option reserve" (unexercised options)
- shareholders have approved an additional $127.6 million of options, & $43.8 million of shares to corporate advisor Gravner/Mihran "Mick" Shemesian
- Gravner/Mihran "Mick" Shemesian is being paid $40k per month for fees/expenses in a 3 year contract
- The following GGG management each received $8.42 million of options as a share-based payment - Roderick Claude McIlree, Jeremy Whybrow & Simon Cato.
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