FMS 0.43% $1.17 flinders mines limited

Just read with particular interest our Financials - given we...

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  1. 251 Posts.
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    Just read with particular interest our Financials - given we have approx. 2.5 Million. McAdam's salary of $520,000/year + expenses will consume our Cash Raising in 4 years!!! How does this sit well, for anybody, other than our Board, a salary of this kind when the Company screams they are financially constrained to do more drilling and yet McAdam doesn't even work full time!

    Bob Kennedy and his Board took a 20% reduction in salary when they were at the helm and things were 'tight' - but they still saw Flinders as a going concern and still worked to promote our Company.

    Had to laugh. "Desktop analysis". That must have been hard work.
 
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Currently unlisted public company.

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