HZN 0.00% 20.0¢ horizon oil limited

Enterprise Value/brl 2P reserves, page-67

  1. 10,075 Posts.
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    Thanks arsenic for detailing why many of us hold shares in the company. There have been some notable achievements but I don't agree with your comments on Brent Emmett's salary. I'm not sure how anyone 'earns' $US 1.7 million PA, for many Australians that's the savings from a lifetime of work and just a dream for many others. You say that if the company monetises Stanley he will have earned his money, but endeavours to do that have been going on for a least 5 years so he's already banked multiple life savings on the commitment. I worry that management are too comfortable, doing very nicely while waiting and not keen enough/ incentivised to focus on growing share holder value.
 
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