All the paid staff need to go onto share issuance and not cash.
That will cut costs by 85%
if they dont want to then goodbye.
The salaries are extraordinary for the disaster and failures they have been in charge of.
WHO approved these salaries, THEMSELVES!
Expect AGM to vote against the remuneration.
They ought to be clawed back and refunded especially PH DLF DHDH FHFG.
CJ should instigate large paycuts and C&M till NP is over 9 again
Remember the BFS stated AISC was 4.90.
So either this figure is wrong or payabilities are way below & costs way above what PH advised the market of (on the contrary he said the payabilities were in high 80s & increasing & he said the grades were 14% higher [so AISC should belower 14%]).
If AISC are 4.90 and NP is 8.50 thats still a massive margin and profitable production even now.
Also remember DS RD claimed the restart NP target for good profits was 7.00, so we have been way way above that for many years now.
This prior target of 7.00 is still way below the BFS at 11.00.
It just doesnt add up in either their salaries or the cost figures presented to the public.
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