With DF’s salary & equity-settled compensation totalling $2.35 million (nearly 5% of our current market cap!) for the year ended 30 Jun 2022, perhaps it should’ve occurred to him well before now that HyEnergy was PRL’s “major undertaking”. He & our million dollar share-selling chairman Burke took a very long time to “form the view” that has just put us into lockup for 3+ months. I wonder what they thought they had been engaged to work on for the past two years if not the company’s primary business activity, green hydrogen development with or without a supermajor partner. By the time we are out of suspension, they’ll already be into a new financial year (YE 2024) with yet another rewarding one (YE 2023) already banked.
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