options, page-6

Definitely a few management snouts at the trough here. I agree that the hurdle for excercise price at $0.50 is WAY TOO LOW.

It should be $1.50 which would be a reasonable assumption provided the project is developed. There's NO WAY maangement should be rewarded for sitting on their hands while we see other iron ore juniors stitch up deal after deal with other partners / chinese.