Sheldon Coates didn't pay himself, if you are questioning that then surely management is to blame for 1). engaging him 2). managing him, 3) paying him - bit of a low blow to blame it on him. Ever watched Mr Trumps - The Apprentice - usually its the Project Manager who gets sacked for failing to lead and manage. yet I still see not one person has been sacked, Justin, Jacob, James, Ken, Jeffrey - that is not a sign of a well run business. All of my CLZ type speccy exploration companies still can raise money through brokers ARE is one that keeps doing it all the time yet CLZ hasn't been able to since the IPO, that unfortunately and you cant argue against it says to me that directors and management have lost all credibility.
But even then I don't think Sheldon even got paid hence his Court actions against CLZ and FAS. Also the Board was spruiking how great Sheldon is. Wasn't he instrumental in some big and famous gold find there is the west. Seems like at CLZ he was set up to fail without proper resources put into drilling and exploration.
Sheldon Coates didn't pay himself, if you are questioning that...
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