Well Dabru
"After the GFC it was the likes of Phil and Co who made sure the company had enough funds to keep going"
Management did not favor to any one except eating CR money into Salaries it self.
Few Facts about THX from 2010 Annual Report:
Employee benefits expenses 3(c)($1.5 Million Dollars)
Administration expenses 3(e) ($1.3 Million Dollars)
Exploration expenses 3(d) ($0.5 Million Dollars)
Basically: 2.8 Millions in Salaries just 0.5 Million in Exploration.
I call it Fat Salaries for no or little work.
agm, page-11
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