Linda's Reply9 Nov 2017 11:11
I got back an email last week from Linda when I enquired about whether Dekel would have a period of grace in which to exercise some more Options should he so desire. She came back with :
Thank you for your email and the good wishes which I will pass on to Dekel. I will also pass on your appreciation to the Board for the progress to date.
As you will have seen from the announcement when we granted the options in February 2017, 50% of the number granted will vest on the achievement of milestones. This remains true for all of us who received options at that time. We continue to work hard to meet those milestones and will report progress as soon as we can.
In the meantime please look out for the end of season update.
Kind regards
Linda Naylor
Finance Director
Chaarat Gold Holdings Limited
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A bit non-committal with regards my question and when pressed further, she has not responded - so really none the wiser. "50% of the number granted will vest on the achievement of milestones. This remains true for all of us who received options at that time." perhaps implies Dekel is still on for ALL his Options even those that haven't vested on milestones yet?????
Anyway, she seems perky about the end-of-season update which could come at any time.