MEI meteoric resources nl

Ann: Half Yearly Report and Accounts, page-2

  1. 3,998 Posts.
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    Snouts in the trough !

    On a declining SP, what possible justification is there for an increase in Share based payments (remuneration?) from $1.3M to $4.6M and a doubling of Admin' expenses from $2M to $4M ?

    IMO it is way past the time when they should have suspended exploration and moved into fully developing the first mining operation; Buy Tunks a Gold watch, say thank you very much and show him the door, before he squanders the kitty!

    Bring back Nick,
 
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