Lest we forgetI think we should keep in mind who had the gonads and perseverance to get PO and the entrenched BOD kicked off our fantasy island. This has been a huge finnacial and emotional battle for Adriaan and Stephen... I commend him for that and he should be consumpated for those efforts... he should also be consumpated for his efforts going forward at a reasonable rate... That needs to be something that PC can afford..... Thus we should take all of this into account.... Nobody wants to see a new PO et all.... thus we should pay them accordingly.
Maybe this is something that should be on the table at the AGM.....
Going forward is a whole new scenario..... options should be the basis of extrodinary preformance.... they take care of themselves... the better the deal and progress the more the BOD profit. Engaged directors and managment still need a base salary to survive.... as a major shareholder I think investors should put themselves in their place and consider what is the right rate compensation for the situation.
No golden parischute.... but no marters either.... fair pay for progress and value added to shareholders.... We are at a turning point.
I hope one of the first things that is done is that old debts are settled and we start with a clean slate.... This includes the transitional costs.....The new BOD should be realistic in their compensation and provide for excellence in their efforts via options which create a motivation to excell. They should also have a salary which meets minimum requirements to commit to the company.
In short I want a team that wants to get PC to the dollar range..... then we will all be very happy campers!
JMHO