I like this bit.
'I also want to take this opportunity to thank my colleagues Dr David Brown and Dr Andrew Heaton for agreeing to join me in taking a significant pay cut, as well as to the non-executive directors for setting aside director fees. This was a voluntarily commitment by all last year. It was a way of preserving precious cash for the R&D program and a way of showing shareholders that we are all in this for the long-run, not for short-term gain. Despite a much healthier financial position, the three senior executives are maintaining that pay cut. I will revisit this situation when our market cap is stronger.'
Management and directors confident enough in the future return to keep their snouts out of the trough until their dreams are fulfilled.
- Forums
- ASX - By Stock
- KZA
- CEO Blog
CEO Blog, page-2
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KZA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online