RXL 4.17% 11.5¢ rox resources limited

News: RXL Rox Resources settles litigation with Marindi Metals, page-9

  1. 2,263 Posts.
    lightbulb Created with Sketch. 388
    Haha, $300k wow. Pretty sure RXL is just gonna continue to drill and drill and drill, and then drill a bit more whilst IM and his board continue to get paid big bucks. Did you know he gets $250k+ base salary, and then add on all his bonuses and super and it's over $400k. So is he delivering returns to shareholders ? Is he worth $400k ?
    His incentive objectives are too easy, they should be more structured around increasing the market cap of the company, in non-dilutive ways of course.

    This company needs a shakeup !!!
 
watchlist Created with Sketch. Add RXL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.