FNC has two potential near-term SP-drivers (under "ordinary" market conditions) as alluded to in the "President's Report", namely 1) the Magpie bulk sample metallurgical test results, and 2) the Lac Lamêlée 43-101.
I echo some of the concerned sentiment expressed earlier due to my own ignorance of corporate matters. Would it be possible for the new slate of directors to grant themselves cheap options (hypothetically say at $0.20 when the pre-news release(s) SP is $0.15 ), anticipating/knowing full well that those NRs should move the SP upwards, thus enabling them to profit from the groundwork accomplished by their predacessors without having contributed anything to those efforts (aside from Granger) ? Is there anything (besides a sense of fairness to long-term/ existing shareholders ) which precludes them from doing this?
Cheers, luker