beavu, you are off the mark on this one. If only half the Option holders supported the Company and exercised, we wouldn't have the placement and we wouldn't be having a rant about management. The Company doesn't need the $14m the options would have given but obviously did need some funds to tide over the drilling until the Chinese start funding. Those Option holders who let the Ops lapse created victims of those who had faith in the underlaying value of the assets.
EXE Price at posting:
20.5¢ Sentiment: None Disclosure: Held