Brett Fraser’s $3k a day payments, page-3

ANNUAL REPORT (as at 31 Dec’22) – page 27

11. Additional Information
. . .

Other transactions with KMP and or their related parties

There were $301,778 other related party transactions for the year ended 31 December 2022 (2021: Nil).

• Consultancy fee of $262,563 was paid to Wolfstar Corporate Management Pty Ltd, a related party of Brett Fraser.
  • Consultancy fee of $8,965 was paid to Geneva Partners Pty Ltd, a related party of Brett Fraser.
  • Consultancy fee of $30,250 was paid to Coledale Resources Pty Ltd, a related party of Scott Lowe.

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QUARTERLY REPORT, DECEMBER’22
Related Party Payments
Payments of $497,052 were made to related parties being the Non-Executive Directors’ Fees as set out in Section 6.1 of Appendix 5B. This amount includes the payment of accrued consulting fees paid to Chairman, Mr Fraser totalling $262,562 including GST. Details of the fees were disclosed in an announcement dated 21^st September 2022 titled, ‘Recapitalisation package’.


Comment - (Is that $3000 inclusive of GST or $3000 plus GST? i.e. $3300)


QUARTERLY REPORT, MARCH’23
Related Party Payments
Payments of $213k were made to related parties being the Directors’ Fees as set out in Section 6.1 of Appendix 5B, and this includes settlement of deferred director fees relating to 2022.



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