You claim no major loss but there must be some concern that a director is jumping ship on the supposed cusp of a big cobalt deal that he was heavily involved in.
The 40k a year was his board fees, he would claim significantly more in bonuses for pending deals.
While I agree that he no great loss to the overall business, he was the visible leader in cobalt (now copper) play. Hopefully Mueller can realise what Brewer failed to.
CFE Price at posting:
5.1¢ Sentiment: Hold Disclosure: Held