Drawing fees? Well of course. That's the whole point isn't it?...

  1. 2,871 Posts.
    Drawing fees? Well of course. That's the whole point isn't it?

    Note to self...ensure next career is a board member...doesn't matter what company it is and it doesn't matter if I'm not qualified in the sector the company is involved in.

    But seriously, can it get any worse? Where are the funds going to come from to pay the bills and more importantly, to pay the people who run the company? Don't worry about mining, that's secondary.

    What's next? $800,000 left in the kitty. Something's going to pop soon.

    Do the words "tax write-off" ring a bell?

    Oh, one more note to self...make sure I check who is on the board of directors next time I invest in a company...
 
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