It was a bit tongue in check. But I will give you my estimate.
400,000 - locked in 200,000 - he will get most of that.
Achieving 2 more stability trials (he reckons he has 18 more pharmas knocking the door down - do you think he can get 2 more to sign before July 2012)
Sign one company to a $3-5M development deal. Gee someone was hoping for a $50M deal.
Do a supply deal for upto $25M - %^&& it only has to be $5M and he gets it.
Will the price get to $9.45 by July 2012 - I very much doubt it.
So:
400,000 lets say 150,000 and 408100 shares at $8 = 3264800
Total $3,814,800 - that equates to 1.22 of UNS's market cap. Does the CEO of BHP get 1.22% of 116,898,000,000 which just happens to be $1,426,000,000 per year.
Lets do the 3 year deal:
3 x 400K and 3 x 150K - total 1.65M He should get all the 1.166M shares
And even I reckon the price will get to $18 by July 2014 that gives him 834K more shares.
Lets put $18 on them by July 2014
wage 1.65M 1.166m @$8 = 9.32M 834K @ $8 = 6.672M
17.642M divide by 3 yrs = $5.866M
Note I haven't included the 750K awarded over the next 2 yrs.
UNS Price at posting:
79.0¢ Sentiment: LT Buy Disclosure: Held
