Company cashed up, and on the verge of scoping study results, and some investors are heading for the exits???
Might pay to do a bit of research on Simon Eley. His expertise is in the acquisition and initial progression of these types of projects. Now we are entering the development and production phase, it only makes sense for him to step aside for someone with the specialised skillset required for the company to reach the next goal
Even if that 4m trade was him on Friday, he still holds almost 6m shares, and 4m oppies
Nothing wrong with him taking some off the table, as he is no longer in the board room
Cheers
AAG Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held