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BME black mountain energy ltd

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Rhett is keeping himself and his senior management pretty happy...

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Ajjax

1,961 Posts.

175

02/09/22

21:02

Post #: 63495487
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Originally posted by barneydigs: ↑

Of the $2.75m spent, only 22% went to exploration activities, with the rest on admin, employee salaries and share based incentive benefits. Over a time the share price has more than halved. The resource has promise and this makes up less than 0.4% of my holdings, so not to fussed, but going to need some more progress and more money spent on actually progressing the asset for me to put more in.

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Rhett is keeping himself and his senior management pretty happy with those high salaries. Junk

BME Price at posting: 6.4¢ Sentiment: None Disclosure: Held
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Rhett is keeping himself and his senior management pretty happy...

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