Actually if you have another read of the document you will see that one or all of the uml directors can be nominated to get board seats.
MND Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
KAI Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
GML Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares