Ann: Termination of Sams Creek Share Purchase Agreement, page-9

I believe that the former Board members of MOD had a major disagreement as to how to deal with Sams Creek. It could have resulted in this: Microsoft Word - BoardRestructure-30April14(Final) (asx.com.au).

MOD subsequently shelved Sams to go to Botswana.

17/3/2017:Julian Hanna: We’ve made it clear MOD is looking to divest its interest in Sams Creek. There are a number of interested parties looking at it now and although it’s a very interesting project, there are clearly no synergies between Sams Creek and what we’re doing in Botswana. So it’s a distraction from the main game and what we see as a huge opportunity for MOD in Botswana.

That's from this MOD on its main game - MiningNews.net

Kennedy and Drummond thought it was worth pursuing Sams it seems but Hanna and others didn't so resigned for the Board on 30/4/14 as per the said link.

Julian Hanna went to work with SFR in Nov 2019:



So, if Hanna thought that Sams was not worth pursuing with Botswana as just a hopeful thing, then why would the the experienced bods at AUR in association with Andrew Frazer of Lazarus as a backer think differently when the deal was done late last year? Interesting isn't it.