Despite of the glowing gold production forecasts made by Management before mining began and for some years following, Citigold has demonstrated an inability to generate a cash flow profit in any year since mining began.
In the light of this, to conserve the company's cash, why should Management not be paid a maximum salary of $100,000 a year until Citigold is able to generate an annual cash flow profit - and be self funding from gold production?
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