In my opinion:
Yes to the finance and ground breaking milestones, NO to everything else.
Look at the absurd share price and market cap of the company PRE covid. This was from constant missed milestones and obscure progress updates in my opinion.
Now management wants free performance rights for doing what they have been stating is just around the corner over the past 5 years?? That's why you get paid - to secure off takes and increase market cap. I'm OK with the finance ones as that is a great achievement - if done on favourable terms.
What about non performance penalties including supposedly aiming for construction 3 years ago and now having a share price of 5c?
Interesting how the chairman agreed to all this. Directors don't take up full allocation of SPP, the MD needs constant loan extensions but free performance rights to return to the norm from a shocking past few years.. Definately!
Performance rights are important to retain hight quality individuals. What has been agreed here is wrong to shareholders imo.
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