Sirius Resources managing director Mark Bennett has seen his pay cheque almost double to $719,000 following the company's rise on the back of the breakthrough Nova discovery.
The company's full-year accounts, released yesterday, show Mr Bennett also received share-based payments worth $5.26 million, mostly in options exercisable at $3.16 a share.
Sirius shares were 13ï¿½ lower at $2.51 yesterday but the options have been in the money this year.
The options, which are valued at $1.76 each, were also received by directors Jeff Foster ($3.92 million worth), Terry Grammer ($2.6 million), Anna Neuling ($1.31 million) and former director and adviser to Mark Creasy, Steve Lowe ($2.6 million).
Mr Bennett's total cash payment of $719,000 included a $150,000 discovery bonus and a $100,000 resources bonus after the Nova deposit reached two targets during the financial year. Mr Bennett also holds 1.15 million shares in the company.Sirius spent $31.5 million exploring the ground around its 70 per cent owned Fraser Range joint venture last financial year.