RE:Options granted to "Consultants"
I hope that my responses are at least educational for others on this board, however, this stuff is so basic I really hope that investors here are above this.
Bywrong, please show me any company in the world (from a junior exploration to Apple) that does not use stock options to incentivise key personal. If a company does mot there is something to be questioned about that.
In this case, given that money needs to be used for exploration, stock options are the best way to go assuming the receiver has great confidence on the future of the company. Do u think anyone would take options over cash if they didn’t have a strong belief in the company (they only pay off when the stock rise significantly).
Again, why are u pretending to understand investing? I feel humiiated for you.