I am hoping there is something in the wind in the not too distant future.
The director's performance shares are based on conditions being met - farmin-in, certification of resources or VWAP of 40c and up. Plus there are 74m oppies due to expire at the end of March exercisable at 20c a piece worth potentially $14m.
So there is a vested interest in getting something happening.
The holding back on the drilling due to the mining tax was not convenient, but not convincing.
I'm riding on those oppies so I hope something happens before the year is out.
EXE Price at posting:
19.5¢ Sentiment: Hold Disclosure: Held