I don't think N M needs a board salary somehow and this resignation suggests he is intending to tender for an upscaled drilling program for WCL. Hopefully he isn't doing this on a hunch that is could happen.
He never really got out of drilling, but as you say, he may have been excluded from Australia for a term due to the sale to Lucas. They're back now and that has to be good news if they did start working for WCL as he still has plenty of skin in game with his WCL shares.
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WCL Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held