Get your facts right 82Punter - New director is not a director of D&K. Only a director of Rich. Not sure what you are basing your facts on, but check your source.
If the new director is able to bring in new ground with which he is familiar with and has the potential to increase the share price by 1c, then it has well and truly paid for itself. The cost is the fee to Rich and the cost for the leases. $700k.
The directors fees are for the new director to do a job. Just like everyone else. Come to work, deliver results and get paid. If the share price stays over 1c for 10 days then the increase in value of CLE is approx $22 mill. That is a 30x return on the investment in Nickol River. I wish I could get a 30x return on my value.
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