Issue then is management consultants like KPMG come in and give them a benchmark to work with. $125K payment to interim CEO is one of these shams. The muppet already worked at AMI and pivoted into a new role. If I was him I would have done it at no charge and grab the bull by the horns.
I have only one question, have these guys just once mentioned anything about increased, drilling, reconciling drilling results, looking for new avenues to increase production at existing operating mines, cutting cost's to get this profitable. No, No they have not, The answer from management is intended capital raise to get Federation and Great Cobar going,
This is not at the bottom yet.
AMI Price at posting:
12.3¢ Sentiment: None Disclosure: Not Held
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