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TI1

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1.4¢ tombador iron limited

Ann: Notice of General Meeting/Proxy Form, page-4

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Jezzalenko30

614 Posts.

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27/04/23

18:38

Post #: 67487707
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Originally posted by pilch: ↑

Has anyone looked at :

27
Details of Remuneration (continued)
Apart from the cash salary, bonuses, superannuation, share based incentives we have this:
During the 12-month period ended 30 June 2022, the Group made payments to the following companies:
•$60,000 to Erasmus Consulting Pty Ltd, an entity related to Chairperson Anna Neuling.
•$75,000 to Parati Pty Ltd, an entity related to Director David Chapman.
•The USD equivalent of AUD$75,000 to Keshel Consulting Limited, an entity related to Director Keith
Liddell.
•$404,664 to McRae Investments, an entity related to Director Stephen Quantrill. The payments for
directors’ fees ($200,003) and management fees included the rental of office space and shares
facilities and travel expenses. $50,000 related to the fee for Chief Financial Officer and company
secretary services, provided by Abby Macnish as an employee of McRae Investments from 1 July
2021 to 31 December 2021.
•$97,500 to CAMS Advisory Pty Ltd, an entity related to CFO/Company Secretary Abby Macnish for
Chief Financial Officer and company secretary services.

I have voted against the remuneration report.
This is ludicrous...

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Not to mention the performance right hurdles. After all the huff and puff about potential production rates and our current inventory, they get handsomely rewarded for making sales. Imagine that, a miner that actually sells what they dig up

TI1 Price at posting: 2.2¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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