Replies to post #106267 on Niocorp Developments Ltd (NB)

[Prudent Capitalist]

Demo, I detailed the salary information from the latest Proxy materials in a post on Friday:

I also do not understand all of these comments claiming that management gave themselves big fat raises. The market dictates executive compensation more than anything else, and any publicly traded company has a Board of Directors compensation committee that reviews everything along those lines. Any raises are recommended by the comp. committee and approved by the Board I actually carefully examined all of the compensation figures in the new proxy statement today. The overall increases in cash compensation for the executives who earned enough in 2022 and 2023 to be included averaged 2.5% from 2022 to 2023, with Neal Shah, CFO & Corporate Secretary, receiving more than 2.5%, and both Mark Smith and Scott Honan receiving less than 2.5%. The cash compensation of all executives as a group combined, including salary and bonuses, did not reach $1 Million for 2023. These facts seem a bit inconsistent with some of the wild claims we hear on this board regarding executive comp.