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21/10/16
12:52
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Originally posted by user23
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The guy gave himself a 100%+ salary increase of $1M in 2015, when there was legal fees from the CoA and Isabel tenement was in doubt (and they still spent $9M on exploration cost for that year).
The CEO of MBN, which has a $500M+ USD infrastructure and 130Mt+ of JORC sulphide nickel ore and was only earning $200K USD. CEO salary of $1M are in the range of small blue-chip stock!
Not to mention even my DD indicated there was a potential issue with the PL, given the other clans/tribes were making noise that they were also the rightful landowner of the custodial land. It's about showing leadership to the shareholders and more importantly the market, cut your salary to $200K and implement some risk management.
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Yeh and that worked over at MBN ......your DD what a joke , no issues with PL no Landowners concerns unless your name is SMM.....DUMB N DUMBER DD. CHEERS