RE: RE: RE: OptionsIf they are in the money they cash in and if not forget about them..These are free. Free. Free.
Wow - this is where the real money is.
And does not include the money paid out in pay , benefits and drilling company.
60 out of 360 ml shares - wow.
Cannot blame them for cashing in on this cash cow.
Did I mention the price? Free.
11. Options and warrants
A summary of the status of the Company’s share option plan as at September 30th, 2010 and December 31st, 2009and changes during the periods then ended are as follows:
December 31,
2009 Average Price ($)
Options, December 31, 2008 13,260,437 0.94
Options granted 4,700,000 1.38
Options exercised (3,980,174) 0.71
Options expired (479,004) 1.05
Options, December 31, 2009 13,501,259 1.16Options granted 4,450,000 3.43
Options exercised (1,226,359) 0.79
Options, March 31, 2010 16,724,900 1.95Options granted 100,000 3.78
Options exercised (2,265,625) 0.92
Options, June 30, 2010 14,559,275 1.92Options granted 175,000 3.93
Options exercised (858,332) 0.56
Options expired (38,258) 0.39
Options, September 30, 2010 13,837,685 2.06Options vested, September 30, 2010 5,075,941 1.26September 30,
2010
December 31,
2009
Weighted average remaining life (years) 3.14 2.76