APG 0.00% 0.3¢ austpac resources nl

Ann: Quarterly Reports-APG.AX, page-12

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  1. 2,256 Posts.
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    I urge again that the success will depend on one major factor.... That is management not recieving salaries until plant is completed and working... This is to ensure that they have a big interest in making the plant work instead of all monies slowly disappearing in salaries again that are way too much for a small cap company with no income to be paying to its staff.... This way, once plant is finished they can resume their salaries and their shares on the company in the mean time would have made Whitehouse capital gains I'm sure to satisfy not being paid on the period the plant takes to finish.... The team has been paid enough salary to date, too much IMO, to not have a finished plant so I only think it's fair that now they wait like the rest of us for the plant to be completed for a return... They can then feel what share holders have been feeling for decades now
 
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