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News: RR1 Reach Resources Appoints New CEO, page-23

  1. guruone
    2,131 Posts.
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    06/06/22
    13:54
    Post #: 61844231
    Agree. A great story but lacking management and BoD action.

    We are paying the CEO (Jeremy Bower) $200K p.a. for two days a week and 10,000,000 options with a contract that says he keeps the options if he stays as CEO for only 6 months!

    It's also a little concerning that none of the directors; Robert Hartley, Sam Michael Wright and Matthew O'Kane, have any skin in the company.

    Let's just hope we start to see some efforts to build shareholder value very soon!
    RR1 Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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