Ann: Non Renounceable Entitlement Offer, page-179

@plough I'm not sure of your numbers there ? since the amended Remuneration Agreement of September 2023 in the most recent Annual Report.



and further to the Annual Accounts, also in the Q & A Webinar (July 2024), Brian himself states at the 17m45s mark that his hours are anticipated to reduce as he concludes actioning those items on his agenda during this transitional year:



From this Q & A session there's also some inferred timelines which have us around about now at the end of August and into early Septmber (??), so I also beleive the market is due for some further updates on those things spoken to in the Q & A session.

In summary, Brian has a reduced Management Contract at a variable cost of engagement through hourly rate whilst he concludes some pretty important progress items to de-risk AAU and have things progressing to Developer status for Neuva Sabana and near term cashflows, at which point everything hands over to a new Managing Director (a strategy previously announced to market in January 2023).

Just putting it out there that there's been further updates on actual current Remuneration and terms of engagement which diverge (favourably) from that which many have posted about and commented here on HC quoting outdated historical and higher remuneration levels. For example, just last week there was someone quoting of remuneration in 2021 USD$ levels !, which is not even the current arrangement as listed in the most recent Annual Report.