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Thundelarra looks for $1.5m in cost cuts

Copper, gold and nickel explorer Thundelarra has unveiled a raft of new cost savings measures, including staff cutbacks and executive pay cuts, as it seeks to reduce overheads.

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Thundelarra (THX)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
168thPilbara Minerals77%101%
229thMincor Resources45%-14%
576thReward Minerals-20%-15%
752ndThundelarra-52%-12%
766thAmani Gold-57%-14%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

28/09/17
$0 Issued
28/09/17
$0 Issued
28/09/17
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

91st↓Mincor Resources$2.3m
92nd↑Reward Minerals$2.1m
93rd↑Thundelarra$2.1m
94th↑Pilbara Minerals$2.1m
95th↑Amani Gold$2.0m
498 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Thundelarra

366thTony Lofthouse$359k
626thFrank DeMarte$220k
1178thPhilip G Crabb$69k
Ranked by total remuneration from all listed WA companies

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