Does anyone know or have a link to a recent article that shows how much the directors are paid.?
it was in the Westport news a few weeks ago I believe.
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Does anyone know or have a link to a recent article that shows how much the directors are paid.?
it was in the Westport news a few weeks ago I believe.
If you want to know it from the horses mouth - just read the annual report :p
http://www.bathurstresources.com/wp-...eport-2014.pdf
However - I will make it easy for you ... here it is:
Attachment 6421
Back on the subject of the price of coal, it seems that Whitehaven, at least, see reason for optimism.
http://news.theage.com.au/breaking-n...028-3j0lr.html
Thank you Blackpeter for supplying what I had heard in Westport recently.
unless Bathurst pulls a rabbit out of the hat soon, ( A buy out by a rich overseas company) it will most likely end in lights out.
The directors are still creaming it, while he shareholders get canned.
I wonder what the $7,000,000 shed at the Westport Port will be used for. Indoor cricket, a boat building yard or a fish factory for Talleys?
I think it is quite valid. How many companies capitalised at $40m pay their Ceo and director fees of $1m. That is outrageous, that is 2.5% of the total value of the firm going to 1 man per annum. Really? And to make matters worse, they are paying this in a climate where the company is showing loss making abilities.
http://www.platts.com/latest-news/me...ected-26916206
Sit tight. Price recovery is few years away.
Quarterly report is out. Cashflow negative (-3.3M) for Q1 as predicted, but indicating that the reminder of the financial year will be cash flow positive:
https://www.nzx.com/files/attachments/202836.pdf
Hi tricha ... and here comes your opportunity:
https://www.nzx.com/files/attachments/202851.pdf
Buy some shares and get rid of the (as you say) still creaming directors. Afterwards - offer yourself for election, cut the director fees and find a better use for the Westport shed. ;)