His boss represents the debt holders whose objectives are to preserve cash so they can collect their interest and ensure they will get their capital back when the debt matures April 2021.
Until the debt is restructured there will be no desire to invest into growing different revenue streams, do any exploration or pay and dividend. This has to be priority 1 (restructure debt and get rid of board members representing debt holders to allow investment)
AGO Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held