RE:RE:Comparative salaries NFG vrs OSKTo correct an allegation on this BOD that I called management corrupt.
I did not.
I said tha they were so comfortably paid that the share price received little if any of their attention .
I based this on Annual operating costs attributable to management salaries , and other forms of compensation .
For the 2022 Annual Financial year , NFG management accounted for over $17 million in operating costs compared to about $3 million for SGD.
Nevada King, also managed by Cottel, had about $6 million in operating costs assigned to management .
While there is an element of proportionality to take into account , NFG's compensation is way out of line with its peers .
Thats why I called them the Float, Bloat and Hope team ..
GLTA