As has been explained to you over and over again.. it was not a bonus. It was part of the initial purchase price from back in 2016. I've pointed you previously to the exact paragraph in the Notice of Meeting before. NOT A BONUS!!
Management took a pay cut when things were tight. Thank you!
What have they done? Well... increased the resource, completed an ore reserve, discovered a high grade component at depth, completed a feasibility study, lodged an EIS and mining licence application, conducted a lot of regional exploration, including finding new gold mineralisation to the south (on a trend in NSW that is really hotting up).. and if you go through their accounts and call the company (like I've taken the time to do), you'll alao see that a lot of money has been spent on purchasing farms, presumably that needed to be bought for the mine.
And all of this was done in roughly 4 years. Pretty damn good, 10/10 from me. There's a reason why they keep getting A-grade institutional support - coz they're top notch operators!!
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Open | High | Low | Value | Volume |
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4 | 138500 | 0.099 |
6 | 418674 | 0.098 |
2 | 137000 | 0.097 |
3 | 57670 | 0.096 |
Price($) | Vol. | No. |
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0.105 | 2000602 | 28 |
0.110 | 1783310 | 15 |
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