SSN 0.00% 1.5¢ samson oil & gas limited

egm withdrawn, page-11

  1. Osi
    16,486 Posts.
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    I don't rely on the ASX for timely announcements lol.

    Anyway, the AGM would be the place to approve a more modest version of the LTIP for staff. Non-salary incenctives need to pe prices and considered in the context of total employment cost .... which chould be on the better end of what industry is offering.

    Directors? Historicaly, the role was purely governance advice and fees were lowish. Nowdays, directors are liable for errors of judgement or for failures to act and so they want remuneration to cover the risk.

    For SSN director reimursement should, I believe, be no more than the average for peer level oilers. If they want more they should have bought more and I note US restrictions about directors buying while drilling is in progress. Put a higher strike price on any options and all will be well (to excuse a pun).

    cheers



 
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