TSXV:AAA.P - Post by User
Comment by
Fertimanon Jan 09, 2015 4:38pm
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Post# 23303800
RE:RE:RE:These ppl you worship are rewarded at ANY buyout price
RE:RE:RE:These ppl you worship are rewarded at ANY buyout priceI have no issue compensating great managment for their activities. That's what you do in today's free world. These guys have an incentive to maximize the value of Allana. Their share are worthless unless they sell or bring it to production. And as for selling they have Liberty and IFC to keep happy and we know where they bought in.
MOP is only 25% of the deposit while SOP is 75% and IMO that's the real gem of Allana. Look at the price and demand. I bought into Allana several times and yes even at the lower end... :) The true value in Allana will take time IMO and will need to be unleashed through the financing and the development of the MOP mine....or through and out right sale.... And I'm onlyy taking MOP here! SOP is a different story.
If you don't like the managment compensation package...then pick another stock... These guys have a proven track record and I'm sticking here. But that's my DD...
Pennypincher2 wrote: DD YOU PUNK MAGGOT
Pennypincher2 wrote: Watch 30.5c be the base price next :
Pennypincher2 wrote: In addition to the payments set out below, the estimated incremental cash payments, payables and benefits that might be paid to other members of senior management, who do not qualify as NEO’s, in the event of termination without cause or after a change of control (assuming such termination or Change of Control is effective as of July 31, 2014) is approximately $1,930,000 and $2,045,000 respectively.
| Named Executive Officer | Termination not for Cause ($) | Termination on a Change of Control ($) |
| Farhad Abasov |
| Salary and Quantified Benefits | 360,000 | 1,080,000 |
| Bonus | -- | 775,000 |
| Total | 360,000 | 1,855,000 |
| Deborah Battiston |
| Salary and Quantified Benefits | 70,000 | 210,000 |
| Bonus | -- | 105,000 |
| Total | 70,000 | 315,000 |
| Peter MacLean |
| Salary and Quantified Benefits | 225,000 | 675,000 |
| Bonus | -- | 360,000 |
| Total | 225,000 | 1,035,000 |
| Nejib Abba Biya |
| Salary and Quantified Benefits | 225,000 | 675,000 |
| Bonus | -- | 360,000 |
| Total | 225,000 | 1,035,000 |
| Jack Scott |
| Salary and Quantified Benefits | 225,000 | 675,000 |
| Bonus | -- | 260,000 |
| Total | 225,000 | |