The extra payment to De Souza was announced in Oct 18. This was an additional $18K a month for 3 months for a nominal 10 days work. This is in addition to the existing $150K / year aschairman. This almost certainly will be extended as the strategic review is not due for completion until the end of the 1st quarter with possible implementation then going into the second quarter. A problem with this arrangement for BNO shareholders is that he is obviously US based and is already on 5 or 6 unlisted and listed boards so I would have expected an additional 10 days would have been hard to find.
BNO Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
