Ann: Prospectus, page-157

I just discovered something interesting which I didn't know. AG became a director of Charger Metals (CHR) on 26/11/2022.

The company floated about 6 months earlier (as a demerge of LIT tenements and some of AG's private tenements), but he didn't go on the board as part of the float. But 6 months later, he joined the board.

And he obviously wasn't happy with the 2 million odd shares he got out of the CHR float, because 4 months after he becomes a director, he is given another 200k performance rights, as well as 66k ordinary shares for a target which has been reached.

Very weird that he was the architect of the CHR demerge (for which he profited significantly), but he didn't join the board at the time. He waited 6 months and then joined the board.

I wonder why?

Could it possibly be because it would have been a bad look for him to be profiting so much personally while every other LIT shareholder got nothing out of it (personally). Maybe he thought if he waited 6 months it would have better optics.

More AG smoke and mirrors. It is amazing he has time to run LIT with so many fingers in other pies.