I have no idea what the "black hat" commentator has to say as they are on ignore .... and I prefer to share my thoughts as exactly that, independent thoughts that do not represent financial advice in anyway whatsoever !
ASX rules, once Lesa has resigned the ASX must be notified. I think it is up to 10 days from resignation letter. So a release had to be made, even if they weren't really ready to do so.
Lesa resigned for whatever reason, probably a combination of factors ( time pressures, ability to actually contribute to company, company finances etc).
It is what it is.
On new appointments.
I see it as one of two scenarios ... as it looks like they already have 2 individuals in mind.
1) These individuals have said yes, provided working capital is secured and solvency of the business secured ( hence anticipated ).
2) These individuals have said yes, and are part of the working capital solution, so the "anticipated" is based on the deal getting across the line.
Or a combination of these two.
At least it looks like business continues to progress in the right direction. If the 2 new directors have the skills outlined, then the board will be much stronger than with Jarrod White and Lesa. IMHO.
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