Agree that is WAY too much to get paid. There are many better chiefs out there getting paid a LOT less. The MD of Kentor Gold for example or the chief of Doray Minerals. Both much better blokes than this Finch guy.
But thats the reality of markets these days. Executives find it way too easy to find ways to add to their personal bank balances (eg spinoffs where they retain a high paying position is the worst of these)
I also was NOT happy with his AFRICAN comment in recent interview. Should have shut up and waited until they could announce it. Has pretty much dampened the effect that that announcement can have on the SP imo, assuming its any good that is.
Having said that, still think the company has plenty upside as long as this Iron Ore project doesn't turn out to be bogus.
Cdchi1
TRF Price at posting:
41.0¢ Sentiment: LT Buy Disclosure: Held