It's not even close to $600k. That figure is calculated based on...

It's not even close to $600k. That figure is calculated based on a Performance Rights metric at time of offering. I seriously hope people aren't thinking our MD was given $600K in shares. Firstly, The shares are only worth about $67K, secondly, they aren't even converted so they are just vested Performance Rights, not shares, and not sold, thirdly, they are part of managements long term incentive package which is three years and requires performance related achievement or SP targets (27c, 30c and 35c from memory) and lastly, the performance rights vested because management signed a deal which bought in approximately $2M from partners. We WANT management to have earned this performance renumeration because it means that the company is achieving goals, receiving income or you and I are in significant profit.

It's interesting that the original poster who bought up the MD's remuneration (asx cowboy - a non holder of FDR who is invested in a different O&G explorer) made a statement which isn't even lying by omission, it was simply untrue, and it got five likes and a 'great analysis'. I implore people to actually do the DD and understand what they are invested in and why. You might just come to understand how this little exploration company had been around 18 years as a private going concern and generated 100's of millions of dollars in net profit for the founders. With some luck, and patience, it can be repeated for us.