I feel the options the directors gave themselves are indeed to excessive. A few good drill holes and they can make million $ plus really without doing anything. It looks to me like the good old days of bonuses to top bankers still live on.

On the other hand I support trying to get more cash, cash is king. Drilling for elusive nickel motherload is expensive, espesially deep drilling. The risk of running out of cash by far outweighs the effect of share dilution in my mind.

Remember, most economic ore deposits took many years to define and develop, that can't be done by a click on the computer