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Bullboard - Stock Discussion Forum Nickel 28 Capital Corp V.NKL

Alternate Symbol(s):  CONXF

Nickel 28 Capital Corp. is a Canada-based nickel-cobalt producer through its 8.56% joint-venture interest in the Ramu Nickel-Cobalt Operation located in Papua New Guinea. In addition, the Company manages a portfolio of nickel and cobalt royalties on projects in Canada, Australia and Papua New Guinea, including a 1.75% net smelter return (NSR) royalty in the Dumont nickel project in Quebec and a... see more

TSXV:NKL - Post Discussion

Nickel 28 Capital Corp > Milking the company
View:
Post by RodCSp on May 30, 2023 11:14am

Milking the company

My complaint is with the exorbitant compensation that the chairman and president have given themselves.

$1.36 Million dollars for Anthony Milewski & 1.6 Million RSU's

$666 Thousand for Justin Cochrane & 1.6 Million RSU's

Also Conor Kearns getting $302 Thousand.

Exactly what have these guys done in the past few years that justifies taking a HUGE portion of the company's income ?

THERE SHOULD BE A 'SAY ON PAY' VOTE ON THE CURRENT PROXY.

From the Circular :
The Company’s current compensation policies and programs for executive officers consists of a base
salary
/compensation, cash bonuses, stock options (“Options”), restricted share units (“RSUs”) and
performance share units (“PSUs”, and collectively with Options and RSUs, “Awards”), and may include
other customary employment benefits.
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