Alex is the full time CEO of PDN and a board position freed up for him so AGY asked him to fill a board position. He obviously did his due diligence about AGY and was happy to join the board and add his experience to the ranks. I don't expect him to be the saviour of AGY. He is on the board but I don't have any expectations and believe it was more of a smart strategic move to have someone on the board with international experience in markets and to give some clout to AGY as a junior.
I'm sure Alex will buy more shares in the future but as far as I know being CEO for PDN will be his priority for now. If he comes across to AGY full time that would be fantastic but I don't see this happening at least in the short to medium term. I believe Alex will be best utilised when we need to speak to contacts in the market for international agreements, supply contracts or to setup relationships for AGY when going to market with their product.
All IMO.
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