But with an exit clause the board can invoke. The incoming directors probably thought he needed to be around for a short time to bed things down and who knows sell or do something with the "World Class platform" so much money was poured into.
This is now a mining company so he will have no real value going forward not that he had much previously other than I will concede the lithium deal is probably better than staying in gaming - though existing shareholders are being hammered with the consolidation. There is a long way to go and probably a few CRs before their might be any chance of getting to the pre-consolidation equivalent average most existing shareholders would be sitting on - that is assuming viable resources that are economic to mine and lithium stays in demand. A lot of ifs and buts.
MGG Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held
