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3.7¢ sarama resources ltd

Ann: Update on Status of Tankoro 2 Exploration Permit, page-23

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LD99

7,351 Posts.

1407

13/09/23

14:49

Post #: 69842447
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Originally posted by Load: ↑

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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Well said

SRR Price at posting: 2.2¢ Sentiment: None Disclosure: Not Held
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Last 3.7¢		Change 0.000(0.00%)		Mkt cap ! $6.271M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	65669	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	280000	1

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No.	Vol.	Price($)
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2	89410	0.036
2	140000	0.035
3	766000	0.034
2	90609	0.033

Price($)	Vol.	No.
0.039	280000	1
0.040	103364	2
0.042	43554	1
0.044	50000	1
0.045	88778	1

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