PEK 2.78% 18.5¢ peak rare earths limited

Management changes, page-4

  1. 7,980 Posts.
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    I doubt it would take 10 hours a week
    Probably not even 10 hours a month.

    Seriously.
    Given that their hands are tied,
    and the Tanzanian Gvt gives them the same old, same old, same old, rinse and repeat every time, and has done so for years.
    What is there for the board and staff to do?

    Even on a monthly basis
    NONE of the staff
    from the MD down,
    could collectively have more than a few hours of meaningful work.
    And the total value of that work on a reasonable hourly rate would amount to
    less than $1000 per week.

    The current Board/staff remuneration is a bloody disgrace.
    They should be stood down.

    Just like any business with nothing happening with the Covid 19 crisis
    stands down staff.

    If the thing does ever come together,
    the company can then re-employ the staff
    Or get new staff.
 
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