Regarding directors option is important to point out the...

Regarding directors option is important to point out the difference between options when assessing management.

I came across many companies with shares trading below 10c and prior to general meeting directors were trowing "all positive" announcements and asking shareholders to reward them with millions of FREE options with 1-3 c exercise price in 2 years.

They know their project very well and have a good idea where the share price could be in 24 months. Once shares get to around (say) 20c in 12/18 months you get announcement about converting some of those FREEBIES, making killing and dumping on market.

We know who are they looking after first.

Now look at RLC. According to Nabtrade data, 3 directors had only 900 000 options between them. All additional oppies they purchased now are not "freebies" but issued and paid on the same terms as any shareholder, and if they will profit from converting them - so we will too.

When comes to our investment in current issue of options - we will sink or swim with directors and IMO is the honest and fair to those who are investing their hard earned cash.