TVN 2.61% 5.9¢ tivan limited

2022 Annual Report and Rem Report, page-48

  1. 2,698 Posts.
    lightbulb Created with Sketch. 1847
    this is what remuneration should look like for a vanadium developer such as TNG.

    > 60 percent of TMT managements package is performance related... and they aren't free shares they are options at a discounted price that they would have to pay out of there own pocket to exercise.
    TMTs wage total wage bill is 384k if you don't include performance options where as TNG is 1.6 million... BIG difference to dilution over the years and that 1.6 mill is paid no matter how poor they perform. this company should be in a text book for junior resource investors as to what a lifestyle company looks like AVOID AT ALL COSTS

    BTW TNGs secretary on similar pay packet to the managing director of TMT...
    https://hotcopper.com.au/data/attachments/4717/4717780-ef745ba687b7dd246e87bb36f8d5b11f.jpg
    https://hotcopper.com.au/data/attachments/4717/4717783-fe28bd61f82d46401ce917211d920488.jpg
    Last edited by Therookie88: 30/09/22
 
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