AVQ 0.00% 2.5¢ axiom mining limited

Maybe one of the rampers can answer why the company spends so...

  1. 8,619 Posts.
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    Maybe one of the rampers can answer why the company spends so much money, gives away so many shares and options to consultants? Anybody?

    Not only is the Chairman also a consultant to the tune of $100,000 per annum but check out these expenditures on consultants

    2016: $876,000
    2015: $524,000
    2014: $1,564,000
    2013: $579,000

    Why does a CEO on $1m per annum surrounded by highly paid staff need so many consultants?

    Unfortunately the accountants do not break down the "other" costs before 2013.

    People can also check share issues and option movements every year in the Annual Reports. Heaps and heaps to consultants. It just goes on and on.

    For example from 2012 Annual Report under movements in options. Every year is the same since RM joined.
    And hardly any achievements except a few drill results since 2010. Yet so many consultants.

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Currently unlisted public company.

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