VRX management structure, page-13

Bruce isnt running arounding doing everything himself - nearly everything is contracted out thesedays to industry Contractors & experts and Bruce has been positive about this strategy.
In fact in the last announcement:
ProjX Pty Ltd, a Project Management company has been "appointed to work on Arrowsmiths processing plant."
AMC Consultants have been "engaged to undertake a technical review which will under pin due dilgence on the project by potential financiers."
Offtake response 'has led the company to undertake a substancial pilot plant-scale testwork program on 1 tonne of Arrowsmith North ore" Obviously Bruce isnt doing that himself.

Bruces has a long career in WA mining - meaning a vast collection of contacts and people 'in the know' and its who you know that gives advantages in a very busy WA. When VRX needs more proffessionals, Im sure Bruce can recruite or steal excellent staff, and get the right Contractors.
How do you know he hasnt already done that? Hes hardly going to announce it before he needs to.

I dont want more people on the payroll! Only add to BOD for strategic purposes. More bodies mean cost & more dilution and in this phase of a mining there is no 'productivity' to offset the cost. No amount of employees is going to make the Gov Depts move faster, or improve communication so its a total waste, more directors means free shares& fees and thats not necessarily going to help the share price.
Some companies would have paid a fortune for "experts" and still not come up with the ideas that Bruce has (vegetation rehab etc etc) at no extra cost.

Bruce has always said it was going to be a minimal employment, streamlined business, yes obviously it has to expand beyond the current numbers but be careful what you wish for - big payrolls & BoDs are very expensive and frequently deadly for small cap miners.


IMO