The directors in THX Thunderalla Resources took about a 50% cut in salaries.(aprox)
These are difficult times for fund-raising.
I would suggest QPN are trying to prove up the best spot to drill and hopefully induce a larger cashed up operator to pay for the first two wells as part of a J/V.
Any one else have other suggestions?
Above are just my thoughts.
Cham
Ann: Salary Sacrifice Scheme , page-9
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