Even as Cabinet said it was distressed at the `unconscionable’ termination of hundreds of employees, Troy Resources Guyana Inc remains hopeful of restarting operations within the next month and reemploying a significant number of those workers dismissed yesterday, according to Managing Director Ken Nilsson.
Nilsson told Stabroek News that while the dismissed employees will receive a severance package, including “a month’s pay in lieu of notice,” he hopes to secure the relevant financial backing to restart operations within two weeks.
“I’m travelling to London to meet some of our investors to possibly secure about US$5 million,” he said, before adding that if he can’t secure this sum in the coming week he will “get it by other means.”