RE:RE:Paul Huet adds 750,000 options + 200,000 RSU'sHello BB, when I first read the Sedi filing on this I had a different reaction to yours. I have had the concern that Huet might not be in this company for the long haul. It’s quite a stretch to have a solid background like his and besides being an American living in the North USA, work for a Canadian company with an office in Toronto and then manage an operation 24 hrs by air away. On top of the logistics nightmare, to accept the responsibility of turning an operation around like RNX, which probably has a equal chance of failure over success, from a career move standpoint, for Mr Huet there is a massive risk.
My thoughts, I believe all the pieces are now in place for the right person to actually turn RNX into possibly one of the greatest mining success stories ever. I see him taking 70% of his salary in share compensation, I see him investing his own cash is open market share and warrant purchase, yes most CEOs have options and RSUs, but end of day, he won’t settle for status quo, he wants minimum $7., that’s his benchmark. I believe he will blast through his benchmark. This will become 200k oz producer without the Mill expansion, they have quality Nickel, they have Dumont, I bet he will monetize Dumont and buy back shares. Just takes time.
Good luck to us all