APG 0.00% 0.2¢ austpac resources nl

Options may do the trick, if we could find the right people. I’m...

  1. 75 Posts.
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    Options may do the trick, if we could find the right people.

    I’m not exactly sure, but if/when this board gets rightly booted, I don’t think that would leave APG with anyone, especially with technical experience.

    Was reading over some past announcements today, and in their quarterly from October last year they said- “Austpac Resources technical team are now working as consultants on a needs basis. All other employees no longer work with the company”

    I’m guessing with no plant, there’s no ‘needs basis’ for a technical team and I assume they’re not sitting by the phone waiting for Colin to call them up. Anyone on the ‘team’ has surely moved on.

    And with no other employees working for the company, who do we even still have left there?

    it’ll be quite difficult to incentivise a non existent work force.


 
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