Good point Jet . yes this financial settlement wouldnt seem to be commensurate with Grahams performance and tenure at Gulf . But I would assume that from a legal perspective he would have the appropriate checks and balances in place with his Lawyers to ensure he recieves payment . Rest assured all proceeds are going straight to the Raveleigh Retirement Fund so lets pass the hat around . Now moving on from this obstructive issue I would like to hear a general assesment of the Companies activities moving into the future . I believe that Peter is looking at compiling an imformative release to shareholders that details change of management and perhaps a structural overview on how the company intends to move forward and if any other projects or a project will be considered in this process Peter seems to be doing quite a thorough job bearing in mind he is recieving a far smaller wage than the previous Director , so i think it is fair to allow him a little bit more time to get properly acquainted with things . At this point in time we can only speculate what plans or strategies are underway but if a new venture or a new project was incorporated into the company , do you think the company or the share price would be re rated , i think that this would be determinant on the size or economic potential of the project but , if you have any comments Bali , it would be appreciated .
GLM Price at posting:
1.6¢ Sentiment: None Disclosure: Not Held