Ann: Proposed ESOP Pool and Issue of Options to Directors, page-9

"why its not good?? They wanting to keep the talent and avoid a CR to outsider for salary? Am I understanding right?"

There are already 33m performance rights:



Now this new issue of options is to the same directors:

• Bane Hunter, Executive Chairman, will receive a total of 5M options with an exercise price of
  $0.26 per share.
• Joel Macdonald, Managing Director, will receive a total of 1M options with an exercise price of $0.26 per share.
• Jamila Gordon, Director and Global Chief Information Officer will receive a total of 1M options with an exercise price of $0.20 per share.
• Brett Eagle, Non-Executive Director, will receive a total of 1M options with an exercise price of $0.26 per share.