LNY 0.00% 0.6¢ laneway resources ltd

Ann: Quarterly Activities Report, page-6

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  1. 1,991 Posts.
    lightbulb Created with Sketch. 49
    “This is expected during FY 2019”...well if that’s not provocative....

    While we are throwing FY’s around, let’s revisit FY17’s Remuneration -

    - Directors
    S. Bizzell $120,640
    R. Anthon $36,000
    M. Baker $36,000
    *note, the Directors are so busy, an additional Director - P. Wright, has since been appointed.
    Total = $192,640/annum

    - Key Management personnel
    S.Hall $219,490
    P. Marshall $130,000
    V. Wishart $120,000
    Total = $469,490

    FY17 Director & Key Management personnel remuneration = $662,130/annum

    Remuneration is “progressing” quite well, and does not appear to be “near completion”.

    Most of these guys are paid on a consultant basis, I’m guessing that means they are paid “subject to any wet season constraints”, and if not, I suggest we “Review” it ASAP.
 
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