Ann: Notice of Annual General Meeting/Proxy Form, page-47

I don't think the argument should be continued, as you also believe LRS is undervalued and you expect to have more profit by investing LRS in either short-term or long-term (otherwise you won't be here with buy sentiment). The only thing annoying you is the incentives cause 1-3% dilution (depending on the hurdles as I previously discussed) and you believe that the incentive is unnecessay because the resource is already underground. Your thought is like to say: "hey, CG, thank you for finding such a good place to explore lithium and all your early hard work to let us know there is a large volume of lithium underground. Now I have jumped on board by buying some shares through ASX because I believe the resouce could be 40MT or 80MT on some day. As a shareholder, I now cannot agree with a maximum of 3% dilution due to incentives to the board, because I believe you can achieve the goals and I don't want you to take any free shares out of the pie."
Again, all our views are very subjective, and we never consider the situation of the other parties. If they can keep adding value to the company, we all will benefit from that and the free gift to the board doesn't mean too much for us.