If you want to focus on past performance then perhaps best to...

If you want to focus on past performance then perhaps best to focus on the performance of ‘current’ management.

Peter Meagher recently appointed as chairman on $60k/year is something of a head scratcher? 60k for a guy who’s been there and done that in neighboring Namibia. You would have to assume that the 3m oppies with a 6c strike he receives as part of his package weigh heavily into overall remuneration, a solid vote of confidence if this is the case.

“Meagher was instrumental in growing Extract’s projects.

These were eventually acquired by China Guangdong Nuclear Power Group through a takeover which valued Extract at over A$2.1bn in 2012.

Meagher also brings experience in corporate finance, an important attribute as the company looks to fund extensive exploration programs.”