AJQ announcement today
Armour is taking steps to reduce corporate costs by a minimum of 35%. This will include all head officestaff reducing remuneration by 20% and will also include a number of redundancies. The ExecutiveChairman and Non‐Executive Directors will also reduce their fees by 20%.
If LNY Directors are worth their salt they should do the same for the good of shareholders .... or a very active plan for the dry season at Agate or in NZ if restrictions start lifting). JORC is key to this company bouncing back .... and another mining campaign.
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Mkt cap ! $23.97M | |||
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