Ann: Initial Director's Interest Notice (GL), page-2

Gary Lethridge (incoming Finance Director):
* 2,500,000 unlisted options (exercise price equal to 145% of 7 day VWAP share price up to and including 14 March 2018 expiring 13 March 2021)

By my *rough* calculations exercise price will be around 76 cents to 79 cents.

He's annual remuneration is $280,000 p.a. These options should be a nice added incentive. What could happen in the next 3 years with all the exploration going on the Yandal, BW restart to production and potential predator(s) on the horizon...