AMX 1.52% 32.5¢ aerometrex limited

Ann: Cost Management Measures , page-4

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  1. 2,055 Posts.
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    Other companies are generally communicating better and more regularly with the shareholders than AMX.

    Are there any brokers covering the stock?

    Also a few of the punters seem to think the cost management was, lets say interesting. Some execs got their drop in salary recompensed with equity, and also reportedly went across to a 8 week on 8 off work regime. I can remember 5 weeks on 3 weeks off, but not 8/8.

    My experience in working in Africa, is workers tend to go a bit astray/tropo after about 6 weeks, and productivity drops off exponentially. So of the 8 weeks worked, probably down to 75% being productive weeks is my guess. 6 weeks effective?

    The Management needs to get a wriggle on and produce the oxide ounces, as well as a few other things. Very top heavy for a Junior Exploration company.

    Thankgoodness the gold is in the ground! Good luck to all.

 
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