APG 0.00% 0.2¢ austpac resources nl

Ann: Quarterly Activities Report, page-6

  1. 2,050 Posts.
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    Quick one. Was it ever mentioned at the AGM why MT was paid such a salary last year despite stepping down a couple of years ago?? In 2020 he drew more than TC , CI and GH combined. Can someone please help me understand it?!

    Also as the company has stated multiple times now, there is a dispute with "previous management" clearly this must be with Gaston as he is the only listed manager that has departed as far as I can see. Seems to be getting messy now.

    There was also mention in today's Quarterly that there is a partner willing to support us pending resolution of above dispute. I wonder if that is our Chinese partner (and largest shareholder) who tipped in a substantial amount a couple of years ago at 0.002 and has barely even been in profit at all since the day the money was tipped in. They can't be happy with all that has transpired

    I have attached an excerpt from the OFFICIAL ANNUAL REPORT as a SOURCE for my posts. Nothing unsubstantiated. Figures are accurate

    https://hotcopper.com.au/data/attachments/2862/2862251-133c51fb1dac9e191ffc0874f115c3e7.jpg



 
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