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clock Created with Sketch. 21/02/23
13:30
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Originally posted by WilliamPike:
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I would not know how efficiently the mill and mines are run, but the continual use of contractors for routine tasks is a red flag for me. It seems also that if a block of toilets are built we employ contractors to run them and a manager to oversee the contractors. This is my view a very very expensive way to do business. One glaring unnecessary expense in my view is those ever expanding expensive offices and associated central city car parking. The HQ should be moved closer to the airport on the way to the goldfields. Direct immediate reduction in costs with associated reduced travel time to gold fields and airports. Also maybe if the offices weren't as atractive we could find more managers out doing managing with an assciated reduced need for so many unproductive staff. Any staff not directly involved in gold production, that is anyone who would not immediately impact on gold production, should have their jobs examined by external experts. This looks like a fat cat company to me. Capital raisings to support a gold producing company is not a good look in my view.
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The offices are actually mediocre in the scheme of things. They are in a B grade building in West Perth (not CBD).
