''Can you please provide evidence for your 2rd paragraph .how...

''Can you please provide evidence for your 2rd paragraph .how would you like the board to have more spark,energy, efficiency?''

That's the thing about an opinion mate...you don't need evidence...he is expressing a personal point of view based on his experience

Secondly, he didn't mention the Board specifically

''Do think BDC a rare example for performance options?''

These are mostly performance shares, not options...a big difference...they are free so they bring no money to the company on conversion

And when last did you see a company that reaches O in the alphabet for performance shares?

''As a long term investor im not concerned about sp until BDC is a producer.''

I am concerned. Sp ( and hence market cap) is incredibly important at all stage..think cap raisings, institutional investors, takeover bids. And not everyone wants to remain a shareholder til production...the low share price has given those people little room to exit with a profit