I'd love to see more MDs compensated for their services, based on the ultimate LT measuring stick - the share price.
Currently, none of PU's options are in the money and for any of the Classes to be effectively exercisable, TNP will need exploration success (i.e. he's not likely to exercise 30M shares @ 3c if the price doesn't look like holding at least at that price but ideally much higher).
The way i view the options package, it is clearly linked to performance and for an experienced manager to only receive $100k salary, if he manages to secure and develop a producing gas field for shareholders, then certainly he deserves a fair share of the spoils.
TNP Price at posting:
2.2¢ Sentiment: None Disclosure: Not Held