APG 0.00% 0.3¢ austpac resources nl

100% plus - Announcement due, page-10

  1. 2,256 Posts.
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    I was under the impression they were going to avoid any further placements.... If I see that they are deriving the massive salaries they did like before I am going to go to the asx myself to report the matter, until this company starts producing cash as they have promised it would do and they got paid all those years for a job that they did not complete, they should not recurve any more salaries... The way I see it is they've already been paid more than enough to complete a job that has not been done. Once the plant begins production and making money is when they should resume their salaries. It's like paying a plumber to do a job he has not done then that plumber continuously asking for more money, it doesn't make sense and they have already been paid enough money that a completed plant should have been delivered. They can take the overpayment in the past as enough remuneration to keep them for the next 18 months or so that it's going to take to finish the plant... IMO
 
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Currently unlisted public company.

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