Happened to look at a Gold Miner across the ditch in Perth - of a very similar name - Talisman Mining - ASX (TLM)
A lot more activity over there - but smallish company - in 2019 year they sold an associate mining operation
Enough for a good dividend & Cap Return ; their operation fully funded now
The cost to the company of all their Senior Exec's & Directors including add-ons Super was
2018 AU $ 280K - Execs each
2019 AU $ 300K
MD roughly AU $400K + Super etc
All up 2019 AU $1.259M ; 2018 AU $ 1.214M (page 35 of June 30 2019 Annual Report)
that is for an operational fully funded Listed Aussie Miner which has delivered to it's shareholders
Links:
Earn Out - Luck Now Gold Project:
https://smallcaps.com.au/talisman-mi...-gold-project/
SmallCaps - Stock Summary:
https://smallcaps.com.au/stocks/?symbol=TLM
2019 FY Report - 30 Jun 2019 (pdf)
https://cloud.weblink.com.au/pdf/wcn...p/02152623.pdf
2019-20 HY Report - 30 Dec 2019 (pdf)
https://cloud.weblink.com.au/pdf/wcn...p/02152623.pdf
Contrast Perth's Talisman with NZ's NTL in this thread
NTL here in it's past had interest in other Mineral Companies - Broken Hill ?? comes to mind
What is the NTL Investment subsidiary doing now (if anything) ?
NTL shareholder register was also used as a float off for two if not more other listed Entities -
Ecademy & TRS come to mind (these may need correcting) from under Mr Atkinson's time
at HGL / NTL ( None of recent times - but these at least captured interest in HGL at the time)
Are NTL Shareholders really getting real vaue for money from the current NTL Board & Senior
Executives ?