AUL 0.00% 28.5¢ austar gold limited

I think alot of people are also forgetting that IK was awarded...

  1. 16,240 Posts.
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    I think alot of people are also forgetting that IK was awarded performance options at the general meeting in April by us shareholders. Those 1 million options have an excercise price of .25c. Thats a pretty good incentive for any managing director to ensure a company performs above and beyond shareholders expectations in my book. I know i for one voted for those options to be granted for the very reason that it would drive management to move Mantle Minings agenda forward for the benefit of all us shareholders in the medium to longterm!

    ASX release dated 16/3/12:

    "the grant of Related Party Options to Ian Kramer will align the interests of the Ian Kraemer with those of Shareholders."

    "the primary purpose of the grant of the Related Party Options to Ian Kraemer is to provide a performance linked incentive component in the remuneration package for Ian Kramer to motivate and reward the performance of Ian Kraemer in his respective role as a Director and to preserve the Company’s working capital."
 
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