Bo, he gets $272.5k pa - read notice of General Meeting.
When you consider the Hon. Premier of Western Australia gets just under $300k pa, and presides over a multi, multi, multi-billion dollar economy - imagine what is involved in managing that!!!
Almost $300k for managing some tin-pot IO exploration coy with virtually zero staff...you do the math, mate.
In a word...he's overpaid (sorry, make that two words).