I am no accountant and I could be reading this wrong ,but in my humble opinion this is what makes GED a lifestyle company for Dugdale et.al All this for 6 months.
Management fees $163 931 (who is paid this?)
Professional Services $129 125 (who is paid this and what are the services?)
Director fees $26 770 (fair enough)
But then what I dont get is that we are an exploration company and guess what we spend on exploration........$43 184!
I want to know exactly what the arrangement is between Dugdale and his mates and GED, MLS, SBR and any other companies he is involved in. If he (or they) are getting reimbursed the same type of money from these companies then I want his job. Not a bad wage for someone who has achieved NOTHING (so far).
Cheers
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2 | 60906 | 0.037 |
1 | 100000 | 0.036 |
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2 | 29440 | 0.034 |
Price($) | Vol. | No. |
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Last trade - 10.04am 13/05/2024 (20 minute delay) ? |
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MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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