agm increase directors fees by 95k

Yes, they want to increase directors fees from $55,000 to $150,000 !!!!!

and the company is yet to earn a single cent. So how in the name of all things reasonable to they think they deserve a pay rise ?????

The BHP 5mil won't last long if they decide to start a communal director's trough to feed at !

Guys, get a deal or two where APG is earning REAL money and THEN maybe you'll get a fee increase.....until then

GET REAL.

Unless I hear a VERY convincing argument I'll be voting NO and I hope all here will be too.

Thoughts ??