MMN macmin silver ltd

nicholg20 says (in lower case letters):"icky, while we're into...

  1. 568 Posts.
    nicholg20 says (in lower case letters):
    "icky, while we're into photo's, how about one of yourself? cheers"

    Nicolg20, I'm flattered, but I dont think your my type. Dont be offended, others will succumb to your charms.

    TimLuca,

    Your figures look right. Dont forget it is the 'Total Calculated Compensation' that is the meaningful figure, as here employees can salary sacrifice into 'Other Long Term Compensation' = 'superannuation'. You can also get them from page 12, of the PDF of the 2007 annual report, which can be downloaded here:
    http://sa.iguana2.com/cache/05020af4164c970bb4a29b88270852f7/ASX-MMN-191764.pdf
    This at www.stocknessmonster.com which might be handy for any other Australian shares you take an interest in.

    I would say that almost all the options you see against most directors names would have been received free as a part of their salary. Technically, these are known as 'director freebies'. Although there would be some that Bob McNeil and Denis O'Neill would have purchased themselves.
    And where you see them exercising the options, you will also see G Edwards and E G Newman quickly selling the shares.
    For example: E G Newman exercises 300,000 options in fin' year 2007, but sells 296,866 shares,
    Ref, page 50 of the pdf
 
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