I wouldn't necessarily see the low strike prices prior to 2020...

I wouldn't necessarily see the low strike prices prior to 2020 as a bad thing Crom. One could mount the argument that the lower the strike price the more incentive there is to get the share price high then cash in by exercising low price options. Whether these guys are that smart is another thing altogether. If they were then i guess the share price would not be in the low low $0.30's

The option issue on the agm agenda is interesting however. The strike price will be set @ 135% of the closing price of the shares on the day prior to when the options are issued. Options are generally issued no later than 30 days after the agm.

So being cynical does that possibly mean these options will certainly be issued before any positive news from drilling or a PFS is released to market ??? It certainly will not be in the recipients interest to have the share price up. That would simply make their option strike price a lot higher. Being 135% of the closing price the day prior.  By that rationale is this possibly the real reason the PFS is being delayed ??