That rant is fair enough I reckon Nevcop and well done on your sale. An interesting time to have no exposure I believe, but you are sadly looking smarter every day!
CEO salaries are a fact of life so you will have to get over that gripe. I guess when the truck driver's are getting paid 150k, CEO's will earn more than 50K.
Tony founded this company so his shareholding is fine by me. I can't remember exactly how it all started by I think he and a few others approached Portman/Cleveland Cliffs and did something with an asset they were getting nothing but grief on. In return for 50% of Irvine, PLV would endevour to get Irvine up and running as a mine. The board then listed a chunk of the equity. Seems to me logical that Tony would have hung on to some. If he didn't I doubt the deal would have got away in the first place and what sort of idiot would give it all away.
Millions of company options every year is a different topic and one that is a true rort.
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