They could find a CEO with Admin experience. I estimate that a competent and experienced Admin team would cost no more than $250k per quarter. This assumes one office - ideally in SA - as close to the IO operations as possible.
Need to recognise that we have virtually all our admin tasks lying within our 2 JV's. That doesn't leave much for an IMX head office to administer.
Re "sentiment - would have ticked "bewildered" if there was one - but having topped up at 6c recently ....
DYOR
what could go right, page-2
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