TSXV:KEN.H - Post by User
Comment by
auburn2on Jan 01, 2018 7:59pm
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Post# 27258209
RE:In 2011 at $1900 gold, Zijin paid $66 million for TBL
RE:In 2011 at $1900 gold, Zijin paid $66 million for TBLStockwatch reports:
While the old crew went without pay, the new crew appears to be doing well: Kenadyr is paying its management nearly $290,000 per year and its directors are getting just over $150,000 per year." Comfy jobs for them.
So if it takes Zijin 15 years to make their move, I guess management will each get $290,000 * 15 = $4.35 million from salaries alone. Pretty nice for a fun job with travel perks, prestige, and a comfy office?
Maybe not so good for shareholders though. What do you think?