Directors already sold their performance-incentive options back in 2007 with only one director left who hasn't yet converted. No reason to complain IMO.
As far as the P2O5 is concerned it's just BS that grades are non-economical. Depends derive up to 4.885 bln US$ in revenues on their 18.6 Mt@ 14% P2O5 over the next 22 years compared to MAK that will (at known parameters) generate 3.312 bln US$ in revenues from their 72 Mt @ 23% P2O5 resource over current known mine life. This show you that size and grade is not everything.....
Lenni
AXO Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
