I agree that PW’s performance cannot be criticised to date apart...

I agree that PW’s performance cannot be criticised to date apart from the low share price capital raising. You could potentially argue that Rob Ryan is more qualified to technically bring Youanmi into production, however, from a company marketing point of view you would reasonably argue that RR’s performance on the marketing front the was 2/10. PW’s tenure, so far, has been very successful based on regular news flow. However, this incentive package could have been a real marketing win. What if 10m options were issued at an exercise price of 40c? If you assume that PW would be on a very good fair salary of $400k pa and that a fair share price for RXL is $0.50 ( RXL has been as high as $1.50 in post share consolidation terms) PW will effectively be bonused 10 years income for doing his job during the next 18 months. This also introduces HR issues for staff who resent not receiving enough of the share of the action, The enormity of this package is a problem and not a solution.