AZG 0.00% 3.6¢ allmine group limited

big profits coming , page-29

  1. 722 Posts.
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    Doesn't look good on paper Axiomax. In the quarterly update 8th Feb they stated a significantly reduced workforce due to a down turn. Were these workers retrenched? Do the employees benefits include those payments?

    I feel the company needs to breakdown that figure, if in fact it has increased due to payouts incurred from a reduced workforce then imo it would be prudent to release that information to the market.

    I feel they have a future due to the cost of finance and construction bought about from the NFC tie up however doesn't mean squat if they can't execute and benefit from those reduced costs.





 
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