Hi all,
Sorry, but that really gets me, options for all directors at ridiculous 0.13 USD. This board seems to be too confident of our little company. I guess the amount of all director's ordinary shares is under the level of some of the PI's here on HC. That's fairly poor. If it hadn't been for this 5-Cent placement I would've thought these director interest notes were from 2008 or older.
Why didn't the directors define a level of 0.10 or lower in order to make sure all their options will be exercised one day in any case? I do apologize for my writing but I cannot understand the option level has sunk from 0.25 AUSD (41 Mio in June 2011) to now 13. If there is a SP pressing, as I assumed in my previous posting, I hope 13 AUSD won't be our next barrier.
Wait and see what will come out of the RI. I wish we could expect news from daily business like resource update, PFS or metallurgy over the next weeks.
Regards
LOWCUST, not amused
PS: By the way, is there anyone left here? I'm feeling alone a bit.
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Hi all,Sorry, but that really gets me, options for all directors...
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