SRR 13.6% 2.5¢ sarama resources ltd

Ann: Update on Status of Tankoro 2 Exploration Permit, page-22

  1. 3,290 Posts.
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    Apparently Dinning worked at Moto Gold Mines in the DRC  from  2005  - 2009, Cant see what else he has done to earn a pedigree to claim the salary he is taking?

    From the Prospectus Section 4.5.
    The remuneration payable to Mr Dinning for his services is A$302,500 per annum (inclusive of superannuation).
    The remuneration payable to Mr Schmiede for his services is A$247,500 per annum (inclusive of superannuation).
    The remuneration payable to Mr Hamilton for his services is C$225,000 per annum.
    The remuneration payable to Mr Evangelista for his services is A$220,000 per annum (inclusive of superannuation).

    That is a ****ing disgrace considering the little amount of work they are collectvely doing on this project. Thats just the ASX component,  dont know what the TSX_V company is paying him, but this site claims he is earning CAD $420,931.   Wtf?

    These leeches are sucking in excess of $1M in salaries every year, and your reward is newsflow which is almost non existent.  Dont forget there is a wet season each year through which they claim work cannot be done.

    Go and have a look at 1MC's  directors and see what a fair salary payable is. Maybe give them another 20% for Africa, but yeah,  lifestyle company.
 
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