Finland is delivering on grades and output but the capital is still being burned. The unsustainable figure is the Corporate Overheads at $ 1.53 million bucks. If ever an ASX co is crying out for a Board spill this is it . Shareholders exercise your rights to put this management on notice at the AGM that their salaries ; share rights and other corporate overheads are not acceptable. Finland needs to turn a profit for the shareholders not enrich the board. This culling needs to be initiated very quickly .The $ 6.5 million for the dam over the next 18 months and then the Credit Suisse loan repayments will sink any hope of a dividend, Royalty payments are also on the cards in 2014 in Finland.
AOH Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
