Two different views1) Give themselves a pay raise as someone mentioned ( which would not cover IR )...which means taking money from their cash available, but no dilution...or....
2) Exercise options and Dilute , but put money in the NAG bank...
3) Do neither until they prove themselves...
The 0.13 options will replace the 2 Million 0.25 options that expire on June 4th , which is 9 trading days from now...
And the 0.15 options that expired ZERO...
Non of this concerns me, It's getting the #2 and #3 mines permitted and running that concerns me...
Also I would like to see them get a JV for Louise Lake and sell them 51 % with the understanding that they will advance the property and maybe bring it to production...
Then we can be 100% coal mining company...almost....
Anyway I've said my piece, now tear it apart...LOL...
SUCYN