a few months back Ian converted 1.6 million worth of performance...

a few months back Ian converted 1.6 million worth of performance rights that were obtained when TMT got a mineral lease. the dollar amount supports hes salary for the next 12 months it wasnt to be sneezed at

what I found suprising was he had 2m and only converted 1.6 so left 400k shares on the table unconverted.

the fact he didn't sell hes heads at a higher price to flip a quick profit and exercise the whole amount sais a lot. Btw I wouldn't of begrudged him for doing it either as it's he's right but clearly he was aware as how that could be perceived and chose not to.

Ian's truly aligned with shareholders. I don't think I would of stayed as patient either if he wasn't here.