APG 0.00% 0.3¢ austpac resources nl

Notice to Remove Director - Corps Act, page-122

  1. 2,256 Posts.
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    Hi Rob, I was talking more in the sense of moving forward, rather than sitting around watching it die as no one will give him further funds my point of view was he steps aside and what ever amount of shares he holds after the partly paids are taken out will be worth a lot more to him in a few years and a succeful plant later rather than the salary he can draw out of the company in its last year of life... Yes he has made a motza with no skin in the game thus far but let’s face facts, no one willing to give him any more money and no other options left. What ever is in the account is it and it’s runnig out. With him gone, if money is raised, if the project is competed, his shares will be worth more than a years worth of salary.
 
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