CTL 0.00% 0.9¢ centennial mining limited

Ann: Restructure and Refinance plan, page-65

  1. 8,838 Posts.
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    So, we were told 1 March was a critical date for the 'deal'.

    More than 2 weeks later, more abject silence....i wonder what the corporate folk drawing the ongoing large fees from CTL (and given Rogers allegedly hasn't been paid for several years) are doing with their time....

    Now, I presume "Staff" costs relate to staff at the mine (though in my experience a % of corporate costs ar always allocated to the mine) and admin/corporate are head office costs....

    My question? If Rogers wasn't drawing a salary, who was? Who else worked at the corporate office (is there one)? The ex Squadron guy and 1 other perhaps?

    Even wit some legal costs in the last 2 quarters, the corporate/admin numbers are huge....



    'Staff' costs Corporate/Admin Costs
    1December 18 quarter $2.53m $444k
    2Sep 18 quarter $2.73m $477k
    3June 18 quarter $2.51m $350k
    4Match `18 quarter $2.46m$165k
 
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