Well everybody - I was staggered to read on page 29 that the...

Well everybody - I was staggered to read on page 29 that the Board held an astonishing 33 meetings this year.... wow wonder why... maybe something to do with a bid for origin.....?

Anyway it got me thinking so I went back and looked at last years, 2015 and the 2014 Annual Report and some stats.

2014 - 16 board meetings
2015 - 19 board meetings - and the board wanted $25k each in shares ($100k in total) for extra Exertion Fees
2016 - 33 board meetings ------- Extra Exertion Fees - we wont know until the NOM comes out....

so if I say that $100k in shares as Exertion fees in 2015 was for the extra work the Board did (as based on board meetings) of an extra 3 meetings over the previous year where they didn't put their hands out for Exertion Fees, then does that mean for 2016 where they did an astonishing 14 more meetings again, or 17 more than 2014, does that mean an Exertion Fees this year of $567,000? this is on the basis that 3 meetings extra in 2015 was for $100k, then 17 meetings extra than 2014 is 17/3 x $100,000 = $567,000 - just assuming if they base those exertion fees on the extra number of meeting they have to attend.... Is that right?

I suppose we will have to wait to see what they want us to vote for at the AGM...... will there be exertion fees again this year or not?