Ann: Kat Gap Processing Facility Construction Update, page-21

“diluting share value” This IMO is why management are not parting with their own money to pay for shares (whilst quite happy to issue freebies as per AGM). They know that every dollar they put in now at the current rate of dilution will be worth one tenth to one hundredth of its current value in the near future. A strategy could be to save their wages (paid for by current shareholders) and then buy up once fully diluted at a massive discount due to dilution. AIMO and not saying this is what’s happening, pure speculation.