I don't see it this way... the board needed someone to chair the audit and risk committee who is suitably qualified. She is definitely suitably qualified. Not everyone on the board needs to know how to build a mine, collectively the directors need to be strong, cohesive and fill over any gaps that other directors have.
A strong chair is the glue that brings the board together and represents the interests of the shareholders and holds the CEO accountable. Let's see who they appoint as chair, this will be very telling on what comes next.
HCH Price at posting:
70.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)