Had a really good read of the last financial report 2023. The amount to management options just keep being handed out for nothing. Like eye watering. Yet they can’t tern a profit.
best point that really made me laugh was “high lights”
91% increase in revenue to $44.8m and their proud of their net profit $3.6m!!! Really? 0.08% so where is all the money going ? If it’s on production then they all need to be fired on the spot. They have way way way too many senior FTEs.
they are going to need a lot of money to develop any further projects and they have zero cash at bank. So I’m out
Ann: Goldway Capital Investment Limited - Status of Conditions, page-4
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