AXG - Antipodes Gold [formerly GEL - Glass Earth]

[elZorro]

So how much have the directors and management stripped in fees, salaries and benefits from this company?

You must know, elZorro, since you follow it so closely?

Genuine question.

I would estimate say up to $50k in travel, $450k in salaries and directors fees (they paid very little to directors), per year. More recently, the directors have had to pay cash back in, and no pay for part-time staff. Not a big proportion of the funds that came in, were spent on directors and management. They usually had about $3mill a year to work with, on average.

About C$32mill came into the company as shareholder funds.

http://www.sharetrader.co.nz/showthr...l=1#post427314