"Mr Kiernan’s resignation coincides with his appointment as Chairman of Saracen Mineral Holdings Limited, announced today."
He upgraded as director of a $37.32 million company to Chairman of a $1.45 billion company (I'm assuming) with a commensurate wage increase. Definitely a better opportunity. Hell, if I was in that position I would too, regardless of how much I believed in the company.
It's all good to be critical of a company, but think there should be a little bit of balance/logic in the critique.
Article - 'Chalice thinks it could be onto something big', page-21
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