In the current Situation, Specific to UC and General to Global Markets, the Timing of the proposed PP and the granting of Options VERY, VERY Poorly TIMED.
The Delays in Mexico makes the Granting of Options at this time a very poor CHOICE.
The proposal to have a PP to fund EXPANDED Exploration in the RoF at this time is a reasonable choice.
But the combination of the two (Granting of Options and Proposing a PP) makes for an interesting Decision.
Seems that there is a conflict in these Choices and the Decision to do both at this time.
The Price attached to the Granting of Options and the SIZE of the proposed PP, seems to me, to be an indication that the BoD ARE AWARE of the Perception ALL of THIS will have for some Share Holders, and has had for this Share Holder.
Why do this?
What is it that the BoD is expecting to occur some time SOON?
What conclusions can be attempted in this Situation?
Old Joe