AKK 0.00% 0.3¢ austin exploration limited

Marco Polo Well drilling, page-22

  1. 19,194 Posts.
    lightbulb Created with Sketch. 598
    The 2 main execs and 3 directors are on circa A$450k
    (3 Directors A$31k base + some expenses)

    they have been trimming for 18 months now....

    Actual Admin alone last Q was $304k

    Estimated Admin for this current Q is $402k (AKKs own number)

    http://www.asx.com.au/asxpdf/20160729/pdf/438xjd4vptwbkf.pdf

    At least you want to discuss, but need to keep obvious facts clear if you really want the true picture.
    $500k is wishful thinking MJ, I don't even know how they could say that based on their own figures, and the 2 Exec getting a good payrise from 2017. Maybe is was just for the Top execs and Directors.

    G&A running $1.5m as I said.
    Last edited by Sector: 28/08/16
 
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