Originally posted by AlCp
The $4M will be from share holders and I wonder who will participate, the estimated staff cost is $650K and administrative cost is $400K for the quarter so $1.05M out of the $3M and we know RM earns nearly $1M for the year so the other director/management remunerations says the maths does add up.......and on the contrary, I tip my hat to Markoff's intelligence.
So, Director Markoff who knows the ins and outs of the issues in relation to tenements applications better than you and I do, just tips $2m of his own cash to keep these people employed and paid, while he sees no future in Axiom?