AUL 7.25% 32.0¢ austar gold limited

Ann: Production to commence at historic Victorian gold mines, page-134

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  1. 9,999 Posts.
    lightbulb Created with Sketch. 107
    "Doesn't leave much for Directors fees, if that is the case."

    This line shows you haven't read my post as the director fees are written in black and white and do not require any subtraction. I will post it again in the hope I don't need to keep posting it and posting it so it sinks in.

    https://hotcopper.com.au/data/attachments/1440/1440492-d6b66d4a2ea10ae25929e4375380063c.jpg

    Again I repeat as well, that the announcement to start production was after the quarterly, therefore they did not allocate any under the line item for production as that would have been an obvious inconsistency. They did however have a big chunk of money allocated for staff and development which now they have indicated start to production would be used for that purpose.

    Hope that clears it up.
 
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