They get the next lot on first achieving production of 100,000oz of silver in a 1 month period, not necessarily after 3 months .
And as far as I can tell Reed and Harris are and were employees of the company and did receive wages. From the prospectus :
1. Mr Reed was appointed an executive Director on 15 March 2013 and was recently appointed as Managing Director of the Company. Previous to this appointment, Mr Reed held a senior management position within the Company and was responsible for the management of the Company’s Texas Silver Mine.
2. Mr D’Sylva was appointed a Director on 13 March 2013.
3. Mr Morrison was appointed a Director on 13 March 2013.
Neither D'Sylva or Morrison have recieved any wages ( at least in the 2012/13 FY), but Harris is the CFO and I presume did and continues to receive a wage ?
So I would assume its fair to say Reed and Harris are in some way responsible for the state of AYN before and after the Market suspension ?
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