This company was nearly run into the ground by the current board and now they want to issue the same directors with 20,000,000 options. Let you vote be counted and your voice heard exercise your proxy and "Vote NO" to resolution 11 and 12 at the company meeting August 20th, Resolution 12 Resolution 12 seeks shareholder approval pursuant to ASX Listing Rule 10.14 to grant an aggregate total of up to 20,000,000 options ('Options') to Messrs Robert M. Bell (2,000,000), Anthony J. McClure (2,000,000), Anthony J. McDonald (8,000,000) and Peter J. Nightingale (8,000,000) ('Eligible Directors'), in accordance with the terms of the Plan. The maximum number of Options that may be granted in aggregate to the Eligible Directors is 20,000,000
PGS Price at posting:
9.8¢ Sentiment: Hold Disclosure: Held
