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"Capital is taking action to substantially reduce the costs incurred in management of the company"

Prospecting is a tough game. The directors of junior explorer Capital Mining (AU:CMY) certainly thought so, paying themselves a total of A$6.1 million (US$4.67 million) in the 12 months to June 30, 2017, while spending $650,000 on exploration in the same period.

"Capital is taking action to substantially reduce the costs incurred in management of the company" "Capital is taking action to substantially reduce the costs incurred in management of the company" "Capital is taking action to substantially reduce the costs incurred in management of the company" "Capital is taking action to substantially reduce the costs incurred in management of the company" "Capital is taking action to substantially reduce the costs incurred in management of the company"

Money is going to exploration, says Capital Mining, just less than we thought

Capital is a Western Australia-based company that has swung between, according to the Australian Financial Review, a general resource explorer, technology start-up, cannabis grower and is now into the