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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 > Email I sent to Nickel 28
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Post by RodCSp on May 30, 2023 12:08pm

Email I sent to Nickel 28

Feel free to edit and/or copy & send to info@nickel28.com :


Sirs;
 
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.
 
That’s over $2.3 Million from a company with just $6.4 Million in cash and securities.


As well ~ Individual Insiders 21.1%  19,374,290 shares, and you keep rewarding yourselves more shares in various forms.


Exactly what have these executives done in the past few years that justifies taking a HUGE portion of the company's income ?
 
“ Nickel 28’s recommended Board: remains committed to executing on Nickel 28’s patient and prudent strategy for maximizing sustainable value for all Shareholders in the long-term; “
 
I am very disappointed that there is not a “SAY ON PAY” vote on the proxy.
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