LEL 0.00% 31.0¢ lithium energy limited

Ann: BEL: Disposal of Rare Earth Tenements vis Sale of Subsidiary, page-113

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  1. 1,652 Posts.
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    Hello. Funny post. LEL paid its directors & secretary at total of $500,000 last year. Are you suggesting these directors will hold onto $80M so they can keep paying themselves $500,000 per year for the next 160 years, which is the amount of time it will take use $80,000,000 paying directors $500,000 per year.

    YES is the answer. That's what it would appear. Maybe they will charge even more now... Why is there silence regarding any distribution of the sale proceeds - even at this early stage.
    Last edited by nissassa: 31/05/24
 
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