AOH 0.00% 12.0¢ altona mining limited

agm, page-2

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    From the 2013 remuneration report:

    """"In FY2012/2013, the Executive received the following salaries and incentives:
    ? A. Cowden (Managing Director): Salary of $535,500* and a cash bonus of $214,200 for achieving his performance targets related to safety, copper production, Roseby milestones, and the Company’s cash position. 1,666,667 share rights with a staggered three year vesting period were awarded in accordance with a shareholder resolution of 21 November 2012.
    ? I. Scott (Chief Operating Officer): Salary of $401,450* and a cash bonus of $108,400 for achieving his performance targets. 888,888 share rights with a staggered three year vesting period were awarded.
    ? E. Hughes (Chief Financial Officer/Company Secretary): Salary of $378,000* and a cash bonus of $87,000 for achieving his performance targets. 840,000 share rights with a staggered three year vesting period were awarded.
    ? J. Vesanto (Managing Director, Finland): Salary of $270,635* and a cash bonus of $73,109 for achieving his performance targets. 558,334 share rights with a staggered three year vesting period were awarded. """"

    Of interest is that the combined cash bonuses of the CEO, CFO and COO exceed salary of the MD, Finland. In addition they are awarded share sights. Speaking of overheads in Australia.....
 
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