PDN 0.48% $12.48 paladin energy ltd

Takeover?, page-19

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    Interesting bio, no doubt penned by Mr. Molyneux himself. Missing is any mention of his firing in 2012 from his first mining executive gig as SouthGobi Resources CEO. Reportedly he was fired due to his lack of mining experience and because he managed to alienate the Mongolian government over a proposed sale of a SouthGobi stake to Aluminum Corp. of China. The Mongolian government responded by suspending SouthGobi's licenses on the Ovoot Tolgoi coal mine and passed a foreign investment law which appeared designed to stop the deal.

    As CEO of Azarga Resources and later Azarga Uranium, he has presided over the accumulation of various uranium assets. None are in development or production and only two are in the permitting stage.
 
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