B) No I Don't Like Dilution, page-61

@Abacoolloo

You know Hamish earns $250k per year (and could easily demand $1M if GMC had the available cash as this is what other Directors get paid).

$250k and 25m performance rights (@0.03 = 750k) = $1M,

but more importantly here, his interests are completely aligned with ours as he has skin in the game.

I am much more confident investing in something like this, where the Director foregoes salary and exposes themselves to the same risk as us.

Agree those time-frames are very achievable, but more importantly these Directors will want to achieve them in order to get paid!

With Hamish's lower salary, it means the operational costs for this are extremely low and we can deploy capital to progressing the development of the smelters that make us cash flow positive.