RE:RE:RE:RE:RE:John David’s questionI know exactly who "John David" is and anyone who has attended the annual meeting would have seen him there making the same point. He is a retail investor who has been around the company for a long time. His question is still on the recording.
Nothing wrong with advocating for increased disclosure but quite frankly he is a pain in the a$$ and has half the facts and the benefit of hindsight.
His statement that RSUs vs options are destructive to shareholder value is simply wrong.
One flaw in the comp structure IMO was that the RSUs are settled in cash but without the option of settling in shares which would give the Company maximum flexibility.
BTW - Check out the working capital level at Moa!