Like I said, raping the share registry.
Good for them at a $10 mil market cap and a 2.6 mil oz resource.
Flog the $9,100,000,000 AUD resource for $50 mil nets them $0.5 mil plus a chunk of the cash payout in non performance bonuses.
Flog the $9,100,000,000 AUD resource for $100 mil and that's nets the $1 mill plus the non performance bonuses.
What's the motivation to do the work to release value for shareholders?
Much easier to coast on Director fees them pay themselves out for selling out the shareholders.
Straight out of the West Perth Director play book.
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