Perthnow Article - Perth’s Toro Energy boss Vanessa Guthrie takes pay cut, page-4

yes, hard to fathom how she would make ends meet. ....of course there has to be more....

"In addition to the fixed base salary Dr Guthrie’s employment
contract includes short and long term incentives.
The short term incentive package is subject to certain Key
Performance Indicators and has a maximum award of 15%
of the base annual salary.
The long term incentive package is in the form of 12,503,238
Performance Share Rights with a three and a half year vesting
term, half of which will vest subject to the Company’s relative Total
Shareholder Returns and the other half will vest subject to Key
Performance Indicators. One third of the shares will be available
for award each year with the first package awarded relative to
performance up to 30 June 2014. The long term incentive package
is considered to be a cost effective and efficient reward
to appropriately incentivise the continued performance of Dr Guthrie
in line with the strategic goals and targets of the Company. The
issue of performance share rights were approved by shareholders
at the 2013 AGM. For performance up to 30 June 2014 a total of​

2,292,260 performance share rights were awarded to Dr Guthrie."


I always find it compelling reading to see

1. Base salary of Key execs
2. Amount of shares which they paid money for ..out of their own pocket
3. how much Execs buy in the market,

BEFORE I purchase any shares in any company.

then, but still BEFORE, I like to look at

1. Other expenses...$1.4 m ann report 2014
2. Employee benefits...$1.3 m ann report 2014
3. Ammortisation of borrowing costs...$1.5m in ann report 2014
4. Admin costs $1.7m for 12 months..see June 2015 qtrly

I wont be a starter in Toro, as far too much out the door before they do anything in the field, and mining is way off.

Just from a quick scan, but please do your own research.

Good luck to all.