I admire your confidence and how you can look on the brighter side of things @bowral.
In realistic terms I don't see how dilution of the company is somehow some super hero sort of move. If you're happy to pay the man an obscene amount of money just for that I'm surprised and glad your're not running my company. To keep a little company going is his job, to make the company money is his reason to get paid an obscene amount of money as do other CEOs of other much larger companies either making a profit or turning over an obscene amount.
To say even $800k is chicken feed for a company that basically has nil to show (so far) is disrespectful to share holders that have been paying this mans wages for many years for not only no return but in most cases a massive loss. I am luckily not in the loss basket very much but honestly feel for so many long term holders that are. This guy may have tried his hardest to get the company to a profitable point but has so far not delivered. I'm not saying its RMs fault at all but accepting what he has is disgusting.
Even with the awarding of the KL tenement does not justify his wage.
AVQ Price at posting:
18.5¢ Sentiment: Sell Disclosure: Held
