RE:RE:Burning cash in Q3?
Great Post DocPat
I Believe they have been way to Generous to themselves
the last round of options .52
large salaries
they would win some investor confidence
back if they did exactly that
50% of their salary in shares purchased out of market by the company
(decrease float)
and stop the free options
cut the salaries in line with right sized companies
most of the management own stock
many have bought on the open market
Also they have lots of options including those rotten .25 cent options you issued 2 years ago after stat oil left
I didnt personally think a big bonus was in order
So make us proud
Believe in what your doing and win like your shareholders will win
with the shareprice increasing alot !
you will also make Valeura investors want to invest in a company that cares about the bottom line and doesnt over pay their management
I am a long shareholder despite above
Hoping Sean et al puts a big deal together
glta