Food for thought as they say.From the Remuneration Report for...

Food for thought as they say.
From the Remuneration Report for the year ended 30 June 2021
Mr Rhoderick Grivas
Approval Issue Date Issued Securities Details
2018 AGM 3 December 2018 2,699,055 ordinary shares Shares issued in lieu of payment of 40% of director fees
2019 AGM 24 December 2019 8,000,000 unlisted options Exercise price of $0.064 expiring 28 November 2022
2019 AGM 24 December 2019 3,500,000 unlisted options Exercise price of $0.075 expiring 28 November 2023
2020 AGM 23 December 2020 2,250,000 performance rights
3 year term with performance hurdle of mining commencing at the Great White Deposit.
This equates to a total of $2,796 339.00
Less cost of option conversion @ .064 $ 512,00.00
Less cost of option conversion @ .075 $ 262,00.00
Total paid including performance rights [end 2022] $2,022,339.00 [not taking tax into account]
Plus I presume he got paid the other 60% of directors fees for 2018.

So you could say a cool half a mill per year on average at the current share price of 17c without any further payments. Also when the share price increases to plus 30c you have a good chunk after tax.
I'm all for paying for quality but know-one really knows what value Rod has to the company apart from JM, that's the problem.
Rod in my opinion needs to be seen to be doing more, a good way would be to keep the shareholders informed via more announcements with his name on it.[ small or big ]
Secondly Rod needs to vacate the self remuneration seat and let someone else do that .Not a good look Rod not with your popularity at the moment.
I think now is not the right time to get the axe out however the shareholders may accept Rod if the pre mentioned suggestions were implemented and an acceptable remuneration package for reaching high performance levels in the future attained , and not just because you've been part of the furniture for years.
Come on Rod you can do it.

All just my opinion.