Ann: Board Appointment , page-12

I'd hazard a rampant guess and no one should take it as more than that, its got to be a recommendation from Patrick Teo or someone they are really close to sewing up finance with or leaning on advice from. One of the European Asset Managers mentioned.

Dare I say one of the faceless consultants for Rothschilds etc until proven what his background is it's grounds for fertile speculation lol. In any event he's still outvoted 2:1 any financier would probably request 2 more NED's (Non Exec Dir).

Hoping Tim Symons left on good terms the non commercial allegiances blurb in the Ann makes it sound iffy.

Oh well I'd still be happy with the 50:50 for $260m every month they delay has got to worth $m's in risk and lost revenue not to mention the threat of an iron ore price drop.