Bio of Alexander Molyneux:
http://www.goldrockmines.com/s/directors.asp
Alexander Molyneux, B.Ec.
Mr. Molyneux is a well known China-based mining executive and financier. He currently serves as Executive Chairman of Celsius Coal Limited (ASX:CLA), Chairman of Azarga Resources Limited (private) and has served as a Non-Executive Director of Ivanhoe Energy Inc. (TSX:IE, NASDAQ:IVAN) since mid-2010. From 2009 to mid-2012, Mr. Molyneux was President, Chief Executive Officer and a Director of SouthGobi Resources Limited (TSX:SGQ, HKEX:1878). Under his leadership, this company raised in excess of US$900 million from Asian sovereign wealth funds and a public listing in Hong Kong. It subsequently became the largest foreign operator in the Mongolian coal sector. Prior to joining SouthGobi, Mr. Molyneux was the Hong Kong based Managing Director, Head of Metals and Mining Investment Banking, Asia Pacific with Citigroup. In his position as a specialist resources investment banker he spent approximately 10 years providing advice and investment banking services to mining and industrial corporations. Mr. Molyneux has advised on public offerings, mergers and acquisitions, bond and debt offerings totaling several billion dollars. Mr. Molyneux holds a Bachelor degree in Economics from Monash University in Australia and attended Nanjing Normal University in China for Chinese language study. He is a member of the Canadian Institute of Corporate Directors.
Well, I have to agree with previous posts that his investment banker background and past performance with public offerings, mergers and acquisitions, bond and debt offerings does not suggest he holds much interest in actually running an uranium producing company but rather a dress up for a financial deal IMHO. If the board has any long term interest in PDN, I don't really understand why he was made interim CEO. Hopefully, I am wrong, and my plan to hold PDN for years to come works out.
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