ManagingDirector Brendan Borg will step down to a Non-Executive...

ManagingDirector Brendan Borg will step down to a Non-Executive Director role, effective March 1, 2019, and additionally,will consult to the Company during a 3 month handover period, and thereafter on an ad-hoc basis.   can someone explain in better details what the handover means??? 
im still positive on the company and a returning cobalt price and pleased to see that they are trying to conserve money and still advance the project along with the mine design still continuing with pan van wyk.  i gathered from rereading the announcement that the ss update is still ready for Q1 release which may still include the west and north anticline JORC. if so i believe that we may be on ice even longer than people think as theres no point drilling more and more holes if you already have 3 jorcs and as the announcement said the timely operations are still turning. how far can the 8million really go in this type of environment, werent we sorted financially till the pfs before all of this happened? but very disappointed in HOW this was done. lucky i live in adelaide where i get a 10cent return on bottles, thats my new night time job