RE:New Press Release - Electra Provides Corporate UpdatePotentially 6.18% dilution based on [3.15 million options + 0.105 million RSU's + 0.194 "Performance Incentive"] on 55.841 million Total Outstanding Shares(All Classes) seems extraordinary to me, given the drastic miss during the past 2 years on Cobalt Plant completion and commissioning, relative to company declared plans prior to the "dark" February 2022 NR... reference Public announcement on Feb. 16, 2022 "Electra Provides Update on Refinary Construction and Commissioning".
I agree with the issuing of various forms of incentives for both proven performance and retention of key employees, but they should deserve through their work and accomplishments. I say this as an Electra Investor with aspirations on what is ahead on the Cobalt Plant which is of far greater importance to Return-on-Investment than the recently successful Black Mass large-scale pilot operation, for which the company deserves credit,
Peace,
Good Decision-making top All,
ElJ