PLS 4.38% $2.84 pilbara minerals limited

KB is on a base of $350k pa. The increase to $750k relates to...

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    KB is on a base of $350k pa.

    The increase to $750k relates to the cumulative amount all the "Non-executive" directors can receive in total as base salary. Currently the Chair receives $90k pa and the other NEDS $60k pa.

    Al quite reasonable for a company with PLS's market cap IMO

    It also gives them room to add/pay additional directors that may come on as part of the financing or BOA's. ie: Here's 100k in debt financing but give us board seat so we can keep an eye on our investment etc.
 
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