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!!
As has been explained to you over and over again.. it was not a...
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Last
10.0¢ |
Change
0.004(4.17%) |
Mkt cap ! $150.8M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.7¢ | $1.094M | 10.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 243186 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 21680 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SVL (ASX) Chart |