The board members are happy to just take their fees and do meetings on skype. I doubt anyone even goes to the mine to do any maintenance other than mow the grass occasionally and old mate Lynch probably spends his time in residence on the Gold Coast. The office in Brisbane is just a share a chair place and rent a receptionist, I doubt there is more than 2 direct employees the rest is just subcontracted on a needs basis. . The biggest problem with this is it has been hawked around the world with no takers, and the current management enjoy the lifestyle it provides so will do everything they can to their cash cow alive. IMHO
DYOR My thoughts and rambling only
Caveat Emptor
The board members are happy to just take their fees and do...
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Mkt cap ! $12M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
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