Checked last annual report....for 2012 paid $800k ie $500k plus...

Checked last annual report....for 2012 paid $800k ie $500k plus STI of around $300k..

Still excessive...think $500k max at their stage of development more appropriate. Wonder if STI's linked to share price performance?

The $3m figure refers to options given in 2011. Whether they are in the money is doubtful which glad as no CEO/MD deserves million dollar salaries until they have a successful producing asset.

If Parsons was making comments about taking GRY private he has fueled my anger as those sort of comments if he made them are foolish and not in the shareholders best interests. I would have to think he has been misquoted as no MD in their right mind would make these sort of comments for a company in GRY's position.

As otherwise institutions would want blood ie remove him as not something I suspect they want either.