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Bullboard - Stock Discussion Forum Saturn Oil & Gas Inc T.SOIL

Alternate Symbol(s):  OILSF | T.SOIL.WT.A

Saturn Oil & Gas Inc. is a Canada-based resource company. The Company is engaged in the business of acquisition, exploration and development of petroleum and natural gas resource deposits in Western Canada. It focuses on advancing the exploration and development of its oil and gas properties in Alberta and Saskatchewan. It also focuses on the development of light oil weighted assets in... see more

TSX:SOIL - Post Discussion

Saturn Oil & Gas Inc > SATURN ENERGY - COMPENSATION
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Post by Arbitrage1970 on Jan 25, 2023 6:42pm

SATURN ENERGY - COMPENSATION

For the poster who was complaining about the compensation package. That was the best for the shareholders.   We now have certainty ?  There is no certainty in business. So when you can get something like that locked in ?  The old deal ?  That actually was a issue at this size of company.  So they actually did the shareholders a favour . 

  So the silliest part of the complaint ?  1/3 divesested at $4 dollars.  Yes ?  50 % upside plus ? from here ?  So for them to get the first sniff of anything with all that stress is at $4 bucks. Then the next one is 50% higher and the final traunche is essentially a triple.  

   So for that ? All they get is 5 M and 2 M.   So they create a half a billion in shareholder value ?  If they do hit these targets.  It's not enough !  

   Not for the all the naysayers and the haters not to mention pressure ?   The pressure.  So ?  

   This is okay with me.  I would make 6 or 7 M if they do that.   ? I think ? This is fair. ?  Lol.

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