AVQ 0.00% 2.5¢ axiom mining limited

Ann: Full Year Statutory Accounts, page-2

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  1. 676 Posts.
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    I can't believe some of the full-year numbers in this report:

    Employee Benefits/Super: $3,434,000 ($66,000/week)
    Auditors' Remuneration: $114,000
    Admin Expenses: $3,132,000 (of which $1m is "other"????)

    And what about the rent expenses: $600,000 ($50,000 per month... that's $12,000 per week). Must be A grade premises. Do they have that in the SI's? Surely the QLD premises would be merely a small office suite right??

    This is an obscene amount of costs for a company that is doing nothing!!!! Drilling a few holes!!!
 
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