David at nearly 1/2 a million a year is well rewarded for a...

David at nearly 1/2 a million a year is well rewarded for a small cap non revenue company. I agree he has shown promising signs but equally the SP has halved since his appointment and he failed to deliver on most of his agreed KPI’s.
I am not opposed to him receiving a substantial Long Term Performance incentive providing it is indeed geared to performance and aligned to shareholders value creation. A strike price of 4.3 cents doesn’t align with most holders getting value and the strike price should ensure a stretch in performance in my opinion at least 9 cents before his options are in the money.
I have no faith in the Board / Remuneration committee judgement on these matters when they have awarded subject to shareholder approval top up options on top of last years award at about a quarter the strike price of last years award.
By all means load up David with PERFORMANCE options with a strike price at least at a level where shareholders also start to get a return on their average price above that level.
The Board are out of touch if they believe a further award is due to them - performance on last years award at 16 cents strike price is what they should both concentrate on and be embarrassed by.