LCY 10.0% 1.1¢ legacy iron ore limited

Ann: Entitlement offer to fund growth, page-16

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  1. 3,281 Posts.
    Putting money on a massive failure for this RI.

    Wages still going to be the same, that will suck up a nice lot of it. I would want to see something substantial being agreed on and only needing funding and a massive pay cut from management and a performance based salary put in place.

    I really don't understand why NMDC sign off on these wages, it just doesn't seem to add up?? Excessive wages and no results in three years? Things cross my mind but I will keep them to myself.
 
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