Ann: Notice of Annual General Meeting/Proxy Form, page-3

This management team live on dilution of the their share base.
They will continue to do so through out the life of 1MC, until
they are producing (if they are successful).

This is a fact of 1MC life.

A few of the management team are directors of SYA, check out their shares on issue.
Billions of shares on issue, which doesn't seem to hurt or hinder the company's progress through to production.

If huge amounts of shares on issue is a worry to you, research the RIOs, BHPs FMGs the big banks etc to see their
shares on issue are also in the billions.
Even if they do make billions of dollars in earnings.

Otherwise you will need to exit the share market as this "game" is not for you.

Just saying and good luck.