AXG - Antipodes Gold [formerly GEL - Glass Earth]

[elZorro]

Further to the post above, I had a bit of a look at the Q1 report, and in this one the salaries for the three executives were well screwed down, and that report was put out around the end of June 2015. See below. At this point the possibility of the company being able to easily settle its old debts wasn't looking good at all.

By July 20th, however, Newmont/OGC had ridden to the rescue, and the far better real offer was announced. By 25th August there had been a rather miraculous improvement in the pay scales of the three executives for the previous six months, which appeared in part to be backdated. Well, I noticed it, I wonder if any existing shareholders did? They should make some noise at the next meeting.