Still hold a very small parcel just for interest sake so haven't had time to read the Annual Report until now. What a fiasco! Just $600,000 in the bank after selling a major asset for $15 million, and repaying a debt of $11 million plus a major pullback in exploration. The directors increased their salaries from $592k to $620k and the executives had a great bonus with their salaries increasing from $1.126 million to $1.536 million - wow! Great rewards for sending what was once a very promising junior explorer to the brink of extinction.
- Forums
- ASX - By Stock
- SSN
- Ann: 2017 Annual Report
Ann: 2017 Annual Report, page-7
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)