AEE 3.33% 14.5¢ aura energy limited

Ann: Haggan Vanadium Project Update, page-68

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  1. 416 Posts.
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    I read all the previous announcements. He was initially planning to finish the uranium DFS in 2016! It moved to 2017 then early 2018 and late 2018. Now early 2019.


    I think its perfectly alright to finish the DFS and move on to other projects while waiting for the price to improve/wait for financing? 


    With regards to his salary,


    The company is now worth less than 20 million. Projects has been going slowly but not the salary. The base salary is now 400 thousand plus free shares and options. 


    'Our data indicates that Aura Energy Limited is worth AU$21m, and total annual CEO compensation is AU$748k.Notably, that’s an increase of 44% over the year before.We took a group of companies with market capitalizations below AU$281m, and calculated the median CEO compensation to be AU$350k'.


    https://simplywall.st/stocks/au/energy/asx-aee/aura-energy-shares/news/is-aura-energy-limiteds-asxaee-ceo-paid-enough-to-stay-motivated/


     
 
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