"The Board of Directors monitor salaries offered by Companies of a similar size and within the mining sector."
I would be very interested to see evidence of this. As previously noted, executives and directors in a substantial number of organisations across the majority of sectors have reduced their salaries by between 25% and 50% on average as a contingency during COVID, This entity, which has been operating in upset conditions with substantial cashflow problems as a consequence of poor governance, stewardship and management, has elected to maintain or even increase senior executive and director remuneration.
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Ann: Corporate Governance Statement and Appendix 4G, page-5
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Bruce Garlick, Executive Chairman
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