Who knows why they need 95 staff. What do they do all day? Once a month they probably wait for goldfields to send through the production numbers. If bad they call the ‘department of excuses’ to prepare a story for the quarterly, if good they call up the ’department of destroying shareholder valve’ to work out how best to piss the money away and not pay dividends. We would be seriously underwater if the gold price hadn’t risen - no credit to management for this.
I think shareholders have had enough of piss poor returns. These guys are jokers paying these insulting 1c dividends and failed M&A. It is a business model that doesn’t work - if they want to be a non mining company then employ 5-10 staff. If we want a share in De Grey we can buy direct and don’t need these jokers to do it for us.
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