lynas management remuneration

Reading the latest annual report it is interesting that as the share price has been falling, total compensation for management has been increasing. These figures reflect the total for "Key Management Personnel (KMP)".

2008 Total = A$4,639,914 (number of key personnel = 7, average compensation per head = A$662,845)

2009 Total = A$6,710,986 (number of key personnel = 7, average compensation per head = A$958,712)

2010 Total = A$8,700,322 (number of key personnel = 8, average compensation per head = A$870,032)

2011 Total = A$11,797,537 (number of key personnel = 1, average compensation per head = A$1,072,503)

2012 Total = A$11,764,170 (number of key personnel = 10, average compensation per head = A$1,176,417)

The saddest point of all is that despite management remuneration having increased steadily over the years (total of A$43.6m paid between 2008 to 2012) I have not seen a single dollar spent on acquiring additional Lynas shares on market.