This is when unexercised options expire for the following:
Dennis Mills: 1,500,000 options @ $0.46 cad
Hermann Tribukait: 1,000,000 options @ $0.46 cad
Suresh Narine: 3,000,000 options @ $0.46 cad
Michael Stockinger: 750,000 options @ $0.46 cad
Gabriel De Alba has 1,500,000 options @ $0.71 cad expire on January 25, 2025
Bottom line, if these aforementioned individuals cannot get CGX materially above $0.46 cad by December 2 before all these options expire, it would then be assumed CGX is in long term terminal decline without any immediate uplift to occur. Will CGX still exist after this point? Of course... but clearly if these men cannot cash in on fairly obtainable targets by the end of this year, it's clear that CGX and FEC have no real deal in place for Corentyne as it will have been over a year since HL came aboard looking for a deal and thus these men let very easy money flush down the toilet. Guess when you cash in each month, letting go of millions in potential stock options is a easier pill to swallow.
See what happens in the coming months when the Guyana government resumes. I really hope something is transpiring in the background.