Other companies are generally communicating better and more regularly with the shareholders than AMX.
Are there any brokers covering the stock?
Also a few of the punters seem to think the cost management was, lets say interesting. Some execs got their drop in salary recompensed with equity, and also reportedly went across to a 8 week on 8 off work regime. I can remember 5 weeks on 3 weeks off, but not 8/8.
My experience in working in Africa, is workers tend to go a bit astray/tropo after about 6 weeks, and productivity drops off exponentially. So of the 8 weeks worked, probably down to 75% being productive weeks is my guess. 6 weeks effective?
The Management needs to get a wriggle on and produce the oxide ounces, as well as a few other things. Very top heavy for a Junior Exploration company.
Thankgoodness the gold is in the ground! Good luck to all.
- Forums
- ASX - By Stock
- AMX
- Ann: Cost Management Measures
Ann: Cost Management Measures , page-4
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)