Ann: State 16 Well Status and Development Update, page-13

Management get paid well to do a job - a lot more than many holders. That fact alone should be enough to spur them on. If they want more then they should buy shares on market thus aligning more with other holder interests - if the job is well done and goals are reached or exceeded then any holdings they have will also benefit in rising share prices.

Cannot fathom why any in management should be given performance share incentives - it's nothing short of a rort. In the absence of favourable outcomes and progress, management should be shown to the door pronto and the company should find new management that not only promise but deliver. Too simplistic?? For far too long it's holders that lose big time when management in any company under performs or fails to meet promises for whatever reason - eg: what happened to promises of revenue flow from months ago?? Now potentially another cr to dilute holders because of???

Perhaps there's a more sinister reason if one looks at the bigger picture beyond BNL (and with many other companies) - but better not go down the conspiracy theory road, though not sure whether there's more to it. DYOR AIMO