Now what on ever - an "unspecified relationship" - good grief!!!!!!!
REEFTON MINING NL [RTM]
It was also revealed in the prospectus that the company maintains a link to former managing director Vladimir Nikolaenko who resigned from Reefton in April - four days prior to a release to the market regarding problems with licence renewals over its Namibian projects. Reefton paid Nikolaenko's Quadrant Management $488, 276 during the 2004 financial year, a fact that was required to be disclosed due to Reefton's chairman Bradley Moore, having an unspecified relationship with Nikolaenko's daughter.
Nikolaenko resigned suddenly on April 1, followed later that same month by his replacement Simon Gilbert. Moore has been at the helm of the company since.
RTM
reefton mining nl
