In this case Dr Chahar was paid 16,654 shares vs options so his actual share holdings go up to 22,654 shares vs the previous 6,000 he bought last fall. No doubt it ties to the work Chahar is doing for the company in relation to the PEA and could be anything from an 'attaboy' for working up and beyond to your suggestion that he hit a performance objective on the PEA.

I'm guessing that we will see a PR campaign leading up to the PEA to quell the bashers, support the share holders and walk the share price up towards their target number. The next releases will probably be more product performance reports outlining markets they are targetting. While an offtake would certainly give us a boost I hope they don't go that route. The less encumberred a project the better it is for a wider range of perspective buyers of the company. So yes to pricing information and letters of intent but it won't upset me not to see an offtake.

I also expect that we will see the bashers retreat and surprise surprise the pumpers will emerge (some being former bashers who have seen the light). Traders play the share price game in both directions. As to the PEA or takeover timing your guess is as good as any. AE runs a tight ship so I don't think we will have even a sniff of it happening until after the fact.

... Been There