Ann: Resignation of Chief Financial Officer and Company Secretary, page-3

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investoryan

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14/09/17

14:34

Post #: 27218808
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Originally posted by netd ↑

With Mr Ken Nilsson previously advising that he will resign from Troy if Republic’s resolutions are passed, this means that, in those circumstances, the Company will lose its Non-Executive Chairman, Chief Executive Officer and Managing Director, Non-Executive Director, Chief Financial Officer and Company Secretary.

Is that last line a mistake. If the resolutions are not passed, they will lose the CFO, if they are passed they will lose Ken Nilsson and the CFO?

From the 31st of May update

"Mr Gerry Kaczmarek has been appointed Chief Financial Officer and Company Secretary with effect from 4 July 2017. Mr Kaczmarek recently held the position of CFO and Company Secretary at Saracen Mineral Holdings Limited, but also held the same position at Troy during the period from 1998 to 2008."

Gerry has only been there a little over 3 months, wonder what is going on????

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Just spoke to Peter Stern for 20 minutes as he's calling for support. He will also be leaving if either Ken or John leaves. He mentions that himself, and John are committed to bring the company up but unpredictables (as per current issues) are out of their control (positives or negatives).

Question is, in regards to any business (disregarding abnormal scenarios), does the company currently have solutions with consistent numbers to go to cash flow positive / profit (with current or new board)?

TRY Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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Ann: Resignation of Chief Financial Officer and Company Secretary, page-3

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