It looks to me as though the remuneration committee are crunching the numbers after they realised that the bonus at 8c /share exit 31/12/14 will not be achievable; so they have set the next bonus at 3c/share for options.
I reckon they have spent more time in working out their incentive plan than they have spent time telling the market what is happening on the ground in this current drill campaign..
Part of the job of executives is to increase shareholder value /the owners of the coy/ from which any added bonus to directors will be looked upon favorably.. the converse being disquiet amongst shareholders when directors are looking for bonuses while shareholder value is rapidly eroding.
I am thinking no PR until after the agm from TB because they want to set their bonus option package at a very low 3c option conversion..
The beauty of math combined with self interest and total control of annoucements to the market is the tool employed by ssn remuneration committee..
My opinion only and would love to be absolutely wrong about this
GLTA
SSN Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held
