It's possible that the $800k salary mentioned, is spread over 2 years.
Hopefully the bonus also relates to the terms of the finance, rather than just signing up with any old expensive finance.
Also re., share price performance bonus incentives, hopefully this relates to the post-finance world.
The RES SP will automatically look more sane, when reasonable finance happens.
I'd like to see that bonus linked to a SP above 40c or 50c, which i think (correct me if I"m wrong) must be the average issue price since day-1. This could imply Stage-2 or sizeable IPP must happen.
OR how about sale/lease of the tenements adjacent to Boikarabelo. Think of it, low cost mining, the rail solution is already there, Transnet could build some scale out of the Waterberg with a reasonable tariff, and share the water solution with RES.
Yes, I recollect that in the lead up to the ouster, PJ said that Shinto Tori would would get quite a few million dollars, just for being the arranger of the finance.
RES Price at posting:
3.8¢ Sentiment: Hold Disclosure: Held
