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Bacanora Lithium PLC BCLMF

Bacanora Lithium PLC is a United Kingdom based mining exploration company. The company operates in three operating segments which include the exploration and development of mineral properties in Mexico through the development of the Sonora mining concessions and the investment in Zinnwald Lithium Plc.


OTCPK:BCLMF - Post by User

Post by Fireflyingon Feb 28, 2015 7:04pm
66 Views
Post# 23476423

Finally

FinallyOne final thing on finances, it's worth noting that the Directors and snr management team take quite modest and reasonably salaries (this is on p14 of the MD&A, and its quoted in CAD$). The Director's fees are essentially peanuts, and even the CEO salary is pretty low (£110,000 pa in GBP). This isn't one of those wretched piggy-bank AIM resource companies that exists largely for the BoD to use as a source of massively inflated salaries. Again, another tick for BCN.

Thanks again to Okenia on LSE.co.uk
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