Alacran drilling, page-9

Enormous base salary: Even if the share price collapses (which is what the AZS SP generally does) Tony is well looked after

Swag of options sprinkled on top: If the share price does happens to appreciate in value (lol), Tony gets himself a little taste of that too

In other words, Tony is protected from downside but positioned to cash in on upside. Win-win for him.

But who cares eh? AZS shareholders vote him these ever more ridiculous pay increases despite a shareprice that continue to collapse year after year

At this point I actually encourage shareholders to support the latest remuneration increase. If nothing else, it provides entertainment value and fodder for banter on the forum

Anyway, here we are. The scoping study failed to offer the bump that bulls expected (exactly as I predicted)! indeed, we sit just a fraction of a cent away from a new 5 year low.

And can you see that there on the horizon? It’s more dilution compadres. Its on its way. IMO we’ll be yearning for a 19c sell price before too long