Hello Sixela. I think you may be selling this a bit short....

Hello Sixela. I think you may be selling this a bit short. Granted we don't know what the milestones are for these performance share as yet, they very well could be great. The long term incentives/objectives for Mr Putland are exceptional and if they are anything to go by, the latter should be too.

"Long Term Incentive (LTI)

Subject to shareholder and any required regulatory approvals, the Company has agreed to offer a total

of 10,000,000 Performance Rights to the Executive (or his nominee) as a long term performance incentive

in connection with his appointment, comprising a proposed:

1,900,000 Performance Rights, which will vest on the Company announcing a positive Definitive Feasibility

Study on the El Zorro Gold Project, Chile, within 3 years from the Commencement Date:

2,700,000 Performance Rights, which will vest on the Company announcing it has successfully securing

Project Finance for the construction and commissioning of a commercial mining operation at the El Zorro

Gold project, within 3 years from the Commencement Date (where Project Finance includes but is not

limited to a financing such as off-take agreements, debt, equity, streaming, Build Own Operate (’BOO’)

and Build Own Operate Transfer (‘BOOT’));

5,400,000 Performance Rights, which will vest on the Company announcing that it has achieved first

production, post commissioning of a commercial mining operation at the El Zorro Gold Project, Chile

within 5 years from the Commencement Date."