Possibly the best way directors can show true management ability is to get the OD options into the money .
Some will ride the oppies into the future because there are 724 days to go before expiry and some will convert to heads because they are 'in the money' .
Which ever of these 2 alternatives are played out it would mean our directors are truly aligned with shareholders.
It is hard to say how much cash will end up straightway in OGX's bank but there will be a operating mine to show for this very important scenario .
Hopefully very soon though I am not worried ; in fact I am very confident of our near term future.
Ps how many ODs are Anglo carrying and if they convert will it put them over the 20% heads holding where they have to make a takeover offer. The plot Thickens. At 7.3 cents for the head's share price Anglo are now in the money for their 7 cent per share investment. Another success for current management.
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